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Uniswap Labs Shares the List of Total Weekly Pools on Diverse Blockchains

source-logo  blockchainreporter.net 19 August 2024 23:41, UTC

Uniswap Labs has recently shared the list of the per-week number of pools that are emerging on the prominent blockchains. The data provided by Uniswap Labs, the company behind the well-known decentralized finance protocol Uniswap, includes Optimism, Arbitrum, Polygon, Ethereum, and Base. The platform took to its official social media account to provide the details of these pools.

Weekly number of pools being created on Uniswap v2

Optimism: 342
Arbitrum: 1,866
Polygon: 2,989
Ethereum: 118,820

…and Base: 512,545 🔵 pic.twitter.com/VkBPaY4qMq

— Uniswap Labs 🦄 (@Uniswap) August 19, 2024

Uniswap Labs Shares the List of Cumulative Weekly Pools Developed on Top Blockchains

In its exclusive X post, Uniswap Labs noted that Optimism witnessed up to 342 unique pools weekly. The respective number displays the steady growth of the Ethereum-based L2 solution. This also points toward its significance in scaling the capacity of Ethereum while sustaining security and decentralization. Nonetheless, 342 pools denote the lowest among the platforms in the list.

According to Uniswap Labs’ data, Arbitrum witnessed nearly 1,866 exclusive pools, outcompeting Optimism. This remarkable achievement signifies the continuous popularity of Arbitrum among consumers and developers for effective transactions and resilient performance. This L2 solution has reportedly obtained huge traction. Hence, it provides a cost-efficient environment to facilitate DeFi activities.

Base Dominates the DeFi Sphere with a Maximum Number of New Pools

In addition to this, Polygon recorded 2,989 new pools. With this development, it maintains its status as a leading entity that the developers prefer for developing effective and scalable DeFi applications. Moreover, Ethereum saw 118,820 latest pools, making it the DeFi sector’s foundational layer. Furthermore, Base topped the list with 512,545 new pools created weekly. This massive number represents a new epoch of growth. Although Base is comparatively a new player, this development indicates its increasing adoption.

blockchainreporter.net