Uniswap Labs Launches Ethereum-Compatible Layer-2 Network, Unichain

Following a four-month testing period, Uniswap Labs has officially launched its Ethereum-compatible layer-2 network, Unichain. This development comes on the heels of Uniswap v4’s release in late January. Unichain’s mainnet launch was announced by co-founder Hayden Adams on February 11.

Unichain’s Technical Details

Uniswap built its layer-2 chain using Optimism’s OP Stack, a popular blockchain development toolkit for decentralized finance (DeFi) applications. By utilizing OP Stack, Uniswap has aligned with Optimism’s “Superchain” concept, a roadmap designed to advance rollup technology across web3 and the broader financial ecosystem.

Unichain’s Goals and Benefits

With the launch of Unichain, Uniswap Labs aims to enhance user experience, unify fragmented liquidity, and generate additional revenue through network fees. The company will reportedly collect about 20% of Unichain’s fees, helping to sustain its operations and development.

Some key benefits of Unichain include:

  • Improved user experience
  • Unified liquidity
  • Additional revenue through network fees

Unichain’s Future Plans

According to Adams, Unichain launched as a stage 1 rollup, meaning the network launched with some centralized components to ensure efficiency in its early phase. However, he hinted at plans to further decentralize the chain in the coming months.

Some upcoming improvements include:

  • Flashblocks, which will enable sub-second block times and improve transaction transparency
  • Collaboration with other L2s, making it easier to execute swaps, move liquidity, and experience DeFi

“It only gets better from here,” Adams tweeted.

Partnerships and Integrations

Unichain will leverage the Unichain Validation network for staking and blockchain security. The new L2 will channel 65% of its net revenue to UVN as an “additional layer of economic security and validation.”

Unichain has also integrated with Transak, a crypto on- and off-ramp service provider. The partnership will enable users to buy and sell digital assets via Transak’s payment infrastructure.

We believe that innovation lies at the intersection of accessibility and technology. Unichain’s vision to be a high performance rollup that scales Ethereum and powers DeFi complements our mission at Transak to make decentralized finance accessible to everyone.

Unichain launched with over 80 projects and processed more than 100 million transactions during its four-month testnet phase, which began in October 2024. Stay up-to-date with the latest web3 news on Global Crypto News.

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