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Uniswap Integrates Coinbase’s Base Layer-2 Network

Uniswap Integrates Coinbase's Base Layer-2 Network

The largest Ethereum exchange Uniswap integrated a layer-2 solution Base, supported by the leading American crypto company Coinbase.

Data: X.

According to CoinGeckoTerminal data, the 24-hour trading volume of the non-custodial exchange built on the new network $4.5 million. In the corresponding DeFi Llama ranking segment, Uniswap v3 ranks 8th by TVL.

Base is built on the OP Stack from Optimism. It operates as an Ethereum-network rollups and is aimed at reducing transaction fees for participants in Coinbase’s ecosystem and the DeFi segment.

On July 13, the project opened access to the mainnet for developers of dapps. A number of services became available, including:

The full launch of the Base mainnet is scheduled for August 9.

Earlier, the new blockchain was hit by a wave of meme tokens that used the LeetSwap decentralized exchange. Soon, the team behind the token The Bald removed most of the liquidity from DEX, which sent the asset’s price tumbling.

The LeetSwap team paused trading due to a possible exploit.

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