TL;DR
- Uniswap Labs launched Unichain, a network designed for faster transactions and lower costs in the DeFi ecosystem.
- During the test phase, 95 million transactions were executed, and over 14.7 million smart contracts were deployed.
- Unichain offers interoperability, decentralization, and efficiency with gas costs up to 95% lower than Ethereum L1.
Uniswap Labs announced the launch of Unichain, a new network designed to enhance the DeFi ecosystem with faster transactions and reduced costs.
During its testing phase, the community executed 95 million transactions and deployed more than 14.7 million smart contracts in less than four months. Now, with its official launch, Unichain already includes participation from over 100 projects, including Uniswap, Circle, Coinbase, Lido, and Morpho.
What Can You Do with Unichain?
Developers can start building on Unichain using dedicated technical documentation and tools compatible with Uniswap v4. They can also integrate stablecoins like USDC and CCTP into their applications. Users, on the other hand, can transfer assets to the network through bridges, exchanges, or providers like Coinbase, Topper, and Transak. Additionally, it is now possible to create and launch tokens, explore new applications, and use v2, v3, and v4 versions.
From its initial design, Unichain prioritizes decentralization and interoperability. It launches as a rollup with a proof system that enables permissionless transaction verification, strengthening its security. In future updates, any user will be able to run a node in the validation network to verify blocks.
Uniswap: Superior Efficiency and Minimal Costs
Unichain is also built on the Superchain, an architecture that will facilitate interoperability between chains. Once this feature goes live, transactions will be completed in a single block, optimizing the speed and efficiency of exchanges. Additionally, Uniswap Labs has worked on standards like ERC-7683 to enhance security and reduce costs in operations involving multiple networks.
With one-second block times and gas costs up to 95% lower than Ethereum L1, Unichain aims to provide a more efficient environment for decentralized markets. Upcoming improvements will include a TEE-based block-building system, reducing effective block times to 250 milliseconds and optimizing transaction ordering. The validation network will also play a key role in decentralization and reducing confirmation times.
Users can access Unichain through the Uniswap web app and the latest version of its wallet
