
April 18th, 2025
Uniswap Labs’ Unichain project faces criticism for abruptly disabling public RPC access after a security leak.
Uniswap is breaking multi-month price levels amid ongoing bullish rally.
The rise of Ethereum’s DeFi space has significantly helped Uniswap (UNI) to grow to a leading decentralized exchange (DEX) in the recent past.
Ethereum’s fee revenue is significantly impacted by the rise of layer 2 solutions like Uniswap’s Unichain and updates such as EIP4844.
Unichain, a Layer-2 solution designed for the Uniswap protocol, stand to gain up to $500 million annually in fees that would have otherwise gone to Ethereum validators.
LayerZero and Uniswap have inked a partnership toward the testing of the Unichain L2.
Uniswap Labs’ announcement of Unichain, its own Ethereum-based blockchain, led to a 6% increase in the UNI token’s value.
The crypto market has remained calm, with the fourth quarter expected to yield bullish sentiments that will extend into 2025.
As per Apollo Crypto, the DeFi infrastructure has witnessed a significant boost over the past few years with the goal of establishing “an abundance of cheap block space”.
DeFi protocols saw their fees drop to $288 million in August, marking a significant decline from July’s $381.45 million and a steep fall from March’s peak of $494.14 million.
Another key reason for the surge in transactions is the overall increase in DeFi adoption.
The market cap of the DeFi crypto sector currently stands at $61.32 billion, reflecting a 3.13% decline in the last 24 hours.
The Grant program is focused on incentivizing developers to explore the power of confidential computation using FHE.
By April, Uniswap Labs increased the fee from 0.15% to 0.25%, which contributed to the surge seen today. Noteworthy, users can avoid paying the front-end fee by leveraging the services of DEX aggregators like 1inch, Cowswap, and Paraswap.
For 2025, the Uniswap Foundation has allocations set at $26.12 million for grants and another $10.69 million in other operational expenses.