Cryptocurrencies

    Uniswap user base doubles on Optimism and Base platforms amid DeFi growth

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    Uniswap Labs, the creator of the prominent decentralised exchange (DEX) Uniswap, has observed a significant surge in its user base, particularly on the Optimism and Base platforms, where the number of users has more than doubled over the past year.

    These two platforms, known as Optimism and Base, serve as layer-2 scaling solutions for Ethereum and have become increasingly popular.

    They provide distinct benefits that enhance the user experience on the Uniswap exchange, contributing to its growing adoption.

    This uptick in usage underscores the rising interest in decentralised finance (DeFi) solutions and the effectiveness of layer-2 technologies in scaling blockchain applications.

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