Uniswap has launched its new Ethereum layer-2 blockchain, Unichain, which aims to enhance transaction speed and lower costs for its decentralized finance (DeFi) projects. With over 88 million test transactions conducted, Unichain is designed to support faster operations for users creating decentralized applications and facilitates liquidity provision and token swaps. Founder and CEO Hayden Adams emphasized the platform's commitment to decentralization and low fees, stating that it offers one-second blocks and 95% cheaper gas fees compared to Ethereum. Though there are concerns regarding layer-2 networks potentially diverting value from Ethereum in the long term, Unichain represents a significant step in making DeFi services more accessible and efficient. Uniswap’s existing infrastructure often faces challenges due to congestion, which Unichain aims to address by optimizing on-chain markets.

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