UNISWAP on Layer 2s

    Layer-2s have gained more traction in recent times due to Ethereum’s high gas fees and slow transaction speed. To curb the issues of high gas fees and slow transaction speed, Layer 2 networks are built on top of an existing blockchain (Layer 1, Ethereum mainnet in this case). 

    Layer 2 solutions aim to eliminate the issues of high gas fees and long or slow transaction processing time. Scalability, efficiency, lower gas fees, faster transaction speed, security, and privacy have been maintained since the inception of L2s. 

    With Uniswap being the largest decentralized exchange (DEX) on the Ethereum blockchain, this is an analysis of the trading and user activity on the Arbitrum, Optimism, and Base Layer-2 blockchains through Uniswap.

    Check out the datas from the tabs above

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