Uniswap’s newly launched Ethereum layer-2 network, Unichain, was the fastest-growing blockchain in its debut month, according to blockchain data firm Nansen.
Unichain, which launched its mainnet on Feb. 11, saw 236,452 active addresses in its first month, according to blockchain analytics firm Nansen. While impressive for a new network, Unichain’s user base remains small compared to Solana’s 112 million total users and the roughly 19 million active users on Base and BNB Chain.
Berachain has more active addresses, but Unichain’s DEX volume dominates. Source: Nansen
However, Unichain has already emerged as a major player in decentralized exchange (DEX) volume, recording $217.7 billion — ranking third in the industry and surpassing Ethereum’s base layer at $91.2 billion.
Uniswap surges to industry’s top three in DEX volume in the month after debut. Source: Nansen
Berachain, which debuted in early February, reported a 30-day DEX volume