Significant Growth in Monthly Swappers on Optimism and Base
Significant Growth in Monthly Swappers on Optimism and Base
馃殌 Swapper Surge Soars
The number of monthly swappers on Optimism and Base, two prominent Ethereum scaling solutions, has seen remarkable growth over the past year. In April 2022, the figure stood at 202,800, while in April 2023, it has surged to 1.03 million, representing a substantial increase. This development highlights the growing adoption and utilization of these scaling solutions within the Ethereum ecosystem.
Number of monthly swappers on Optimism and Base: Last April: 202.8K This April: 1.03M It鈥檚 been a good year for the 馃敶聽Superchain 馃數
Uniswap Cup Applications Close Tonight - Final Hours to Join
**Final call for Uniswap Cup participants** - applications close tonight for the upcoming tournament. - Last opportunity to secure your spot on the pitch - Previously announced 15-day campaign period now ending - Team ENS spots available for DevConnect attendees Don't miss your chance to participate in this community football event.
Uniswap Web App to Support 7,702 Smart Wallets with Pectra Upgrade
Uniswap's web application is preparing for Ethereum's Pectra upgrade, scheduled for Q4 2024. The update will enable compatibility with 7,702 smart wallets from day one of launch. Key points: - Pectra upgrade focuses on improving core smart contract functionalities - Enhanced user experience features for wallet interactions - Significant expansion of wallet support across the Uniswap ecosystem This integration represents a major step forward in making DeFi more accessible and user-friendly on Ethereum.
Uniswap v4 Volume Growth Analysis
Uniswap v4 continues to demonstrate significant growth in trading volume, reaching nearly $13B within just 90 days of launch. Key metrics: - From $500M in February to $13B in May - Represents ~26x growth in 3 months - Averaging about $144M daily volume This growth follows broader protocol success, with Base reaching $150B in all-time volume and total Uniswap Protocol processing $2.94T in swap volume. The rapid adoption suggests strong market validation for v4's new features and improved efficiency.
Uniswap Interface Adds New Hooks: SauceTax9 and BtcAcc
Uniswap's interface has integrated two new hooks to enhance trading functionality: - **SauceTax9 Hook**: Implements new tax mechanisms for trades - **BtcAcc Hook**: Adds Bitcoin-related accounting features This follows March's successful integration of Verified Pools and Graduation hooks. The interface team continues to evaluate and add new hooks as they demonstrate reliability and user value. *Note: Hooks are custom code modules that extend Uniswap's core functionality.*
UniswapX Expands Liquidity Sources Beyond Protocol
UniswapX introduces expanded liquidity sourcing capabilities, reaching beyond the traditional Uniswap Protocol boundaries: - Leverages a **network of fillers** to source liquidity from multiple venues - Automatically routes trades through the source offering the **best swap rates** - Seamlessly integrated into Uniswap Web and Wallet interfaces This update aims to enhance trading efficiency and price optimization for users. The feature maintains Uniswap's commitment to decentralized trading while expanding access to deeper liquidity pools.