Ethereum

Uniswap

Base

Optimism

Foundation

<div class="fintechs"> 
 <figure class="wp-block-image size-full"> 
 <img decoding="async" width="640" height="360" src="https://cdn.thebittimes.com/images/2023/08/09/59182635a09abbed037ffb2f75a0975a.webp" alt class="wp-image-21757 jetpack-lazy-image" data-recalc-dims="1" data-lazy-srcset="https://cdn.thebittimes.com/images/2023/08/09/b1dc104e6a12cc84cbd339215c372efa.webp 700w, https://cdn.thebittimes.com/images/2023/08/09/b1dc104e6a12cc84cbd339215c372efa.webp 300w" data-lazy-sizes="(max-width: 640px) 100vw, 640px" data-lazy-src="https://i0.wp.com/fintechs.fi/wp-content/uploads/2021/03/uniswap.jpg?resize=640%2C360&amp;is-pending-load=1#038;ssl=1" srcset="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7"> 
 <noscript> 
 <img data-lazy-fallback="1" decoding="async" width="640" height="360" src="https://cdn.thebittimes.com/images/2023/08/09/59182635a09abbed037ffb2f75a0975a.webp" alt="" class="wp-image-21757" srcset="https://cdn.thebittimes.com/images/2023/08/09/b1dc104e6a12cc84cbd339215c372efa.webp 700w, https://cdn.thebittimes.com/images/2023/08/09/b1dc104e6a12cc84cbd339215c372efa.webp 300w" sizes="(max-width: 640px) 100vw, 640px" data-recalc-dims="1"> 
 </noscript> 
 </figure> 
 On Base, the brand-new Ethereum layer-2 created by US crypto juggernaut Coinbase, the top decentralised exchange (DEX), Uniswap, has been put into operation. 
 Optimism (OP), a blockchain scaling solution, powers Base, and its testnet was originally made available in February of this year. 
 Users can now execute swaps or contribute liquidity directly on the Base chain using the Uniswap web interface, according to Uniswap Labs, which has announced the availability of Base support on X. 
 <blockquote class="wp-block-quote"> 
 “Rumor has it that Base needs a DEX. 
 We’re excited to announce that Base is now live on the Uniswap web app.” 
 </blockquote> 
 According to data from CoinGecko, Uniswap is the largest and by far the most liquid DEX in the world, with over $453 million in volume in the last 24 hours and over 1,700 tradeable crypto assets. 
 The eighth chain that Uniswap supports is Base. 
 Base was created by Coinbase engineers to be interoperable with Ethereum, layer-2s for Ethereum like Optimism, and alternative layer-1s like Solana (SOL). 
 To honour Base’s early developers, a non-fungible token (NFT) dubbed the “Genesis Builder NFT” is also being released by Base. Builders must launch a decentralised application (DApp) on Base and finish an on-chain application in order to receive the NFT. 
 In a previous statement, Coinbase stated that it has no intentions to launch a new network coin.  
</div>

UNI Is Now Using Layer-2 Foundation Supported By Coinbase

TheBitTimes

Other articles published on Aug 9, 2023

MuesliSwap will Refund Users Affected by High Slippage!

mPulse Mobile recognized in the Gartner® Hype Cycle™ for U.S. Healthcare Payers, 2023

Bitstamp to stop trading major altcoins in US

Bybit launches wealth management product

Top Trader’s Hot Takes: Predicting the Futures of PEPE, RLB, ARB, LINK, and DOGE – Here’s His Out...

PayPal’s New Crypto Stablecoin: A Golden Cage?

Join our free newsletter for daily crypto updates!