Arbitrum Achieves $200B Swap Volume Milestone on Uniswap

🚀 L2 Giant Breaks Records

By Uniswap
Oct 15, 2024, 7:43 PM
twitter
News article
Photo by Uniswap

Arbitrum has reached a significant milestone, becoming the first Layer 2 (L2) solution to surpass $200 billion in swap volume on the Uniswap Protocol.​ This achievement highlights the growing adoption of L2 solutions in the DeFi space.​

Key points:

  • Arbitrum is the first L2 to cross $200B in swap volume on Uniswap
  • Monthly L2 volume on Uniswap has nearly tripled since last year
  • This milestone was anticipated, with predictions made in late September

This development underscores the increasing importance of L2 solutions in addressing Ethereum's scalability challenges and reducing transaction costs for users.​

Sources

Tweet not found

The embedded tweet could not be found…

Read more about Uniswap

Uniswap Opens Developer Platform Beta with API Keys for Instant Integration

Uniswap has launched its Developer Platform in beta, allowing any builder to generate API keys and integrate swap and liquidity provider functionality directly into their applications. **Key Features:** - Instant API key generation for developers - Quick integration of swap functionality - Built-in LP (liquidity provider) capabilities - Launch timed for ETHDenver hackathon participants The platform aims to simplify the process of adding decentralized trading features to applications, reducing integration time from potentially days to minutes.

BlackRock's BUIDL Fund Now Trading 24/7 on UniswapX via Securitize Integration

BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) is now available for trading on UniswapX through a strategic integration with Securitize. **Key Features:** - Whitelisted investors can swap BUIDL bilaterally 24/7, 365 days a year - Access to market quotes across the platform - Direct bridge between traditional finance infrastructure and DeFi protocols The integration allows institutional investors to trade tokenized money market fund shares through decentralized exchange infrastructure, marking a practical step in connecting regulated financial products with on-chain trading venues.

🎯 Uniswap Integrates Token Auctions

Uniswap is integrating its Credibly Neutral Auction (CCA) protocol directly into the web app, launching February 2nd. **What's happening:** - Token auctions will be natively accessible through the Uniswap interface - Users can discover live and upcoming auctions, place bids, and claim tokens in one place - The system runs fully onchain using CCA **About CCA:** - Permissionless protocol for token distribution - Helps teams find credible market prices and bootstrap liquidity - Free to use with [configuration guidelines](https://docs.uniswap.org/contracts/liquidity-launchpad/CCA#integration-guidelines) available This integration brings token launch infrastructure directly to Uniswap's main interface, making it easier for projects to distribute tokens and for users to participate in early-stage token sales. [Full announcement](http://blog.uniswap.org/token-auctions-are-coming-to-the-uniswap-web-app)

New LP Rewards Launch on Uniswap Web App

Uniswap has launched **new LP (Liquidity Provider) rewards** through their Web App. The rewards are now **live and accessible** to users providing liquidity on the platform. - Available directly through the official Uniswap Web App - Targets liquidity providers across Uniswap's ecosystem - Part of ongoing incentive programs to boost platform liquidity This follows previous LP reward launches, indicating Uniswap's continued focus on **rewarding liquidity providers** and maintaining competitive yields for users.

🔧 CCA Safety Guidelines

Uniswap released **integration guidelines** for its Continuous Clearing Auction (CCA) protocol following strong interest from projects and integrators. The CCA protocol enables teams to: - Distribute tokens fairly - Discover credible market prices - Bootstrap liquidity on Uniswap v4 The new guidelines help teams run **safe onchain auctions** while maintaining the protocol's core benefits of being permissionless, transparent, and fully onchain. [View the integration guidelines](https://docs.uniswap.org/contracts/liquidity-launchpad/CCA#integration-guidelines)