{"id":354765,"date":"2021-10-19T06:51:01","date_gmt":"2021-10-19T03:51:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/arbitrum-extends-lead-over-optimism-as-uniswap-posts-record-volume-on-l2\/"},"modified":"2021-10-19T06:51:01","modified_gmt":"2021-10-19T03:51:01","slug":"arbitrum-extends-lead-over-optimism-as-uniswap-posts-record-volume-on-l2","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/arbitrum-extends-lead-over-optimism-as-uniswap-posts-record-volume-on-l2\/","title":{"rendered":"# Arbitrum extends lead over Optimism as Uniswap posts record volume on L2"},"content":{"rendered":"<p>&#8220;<strong># Arbitrum extends lead over Optimism as Uniswap posts record volume on L2 <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvOWQ3MDM5OGMtNmU5Yy00MmI0LWE3MmQtNTE2Mzk1NzA0MDUyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>The world\u2019s most popular decentralized exchange, Uniswap, is seeing layer two volumes surge as Ethereum transaction fees surge once again.<\/p>\n<p>On Oct. 19, Uniswap founder Hayden Adams tweeted that daily volume across v3 deployments of the decentralized exchange on layer-two networks has pushed into record levels. Adams estimated that Uniswap v3 processed an unprecedented $115 million in combined daily volume across the Arbitrum and Optimism networks without providing a source. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"> Uniswap v3 on layer 2 (arb + OE) doing an all time-time high of $115m volume!!<\/p>\n<p>2\u20e3 L2 season is here \ud83d\ude42<\/p>\n<p>\u2014 hayden.eth  (@haydenzadams) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/haydenzadams\/status\/1450149479403958276?ref_src=twsrc%5Etfw\">October 18, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>While Adams\u2019 post was published amid peak U.S. trading hours, data sourced from analytics provider <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/nomics.com\/exchanges\/uniswapv3_arbitrum-uniswap-v3-arbitrum\">Nomics<\/a> at the time of writing (3 am UTC) suggests that Uniswap v3 drove $80 million in volume on Arbitrum and roughly $14 million on Optimism over the past 24 hours respectively.<\/p>\n<p>However, Uniswap v3\u2019s combined layer-two volumes are still tiny compared to its mainnet deployment \u2014 which currently represents $1.3 billion in daily activity according to<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/exchanges\/uniswap\"> CoinGecko<\/a>.<\/p>\n<p><strong><em>Related:<\/em><\/strong><strong><em> <\/em><\/strong><strong><em>Ethereum layer-twos reportedly processing more transactions than Bitcoin<\/em><\/strong><\/p>\n<p>Despite the Ethereum Foundation and crypto venture giant Andressen Horowitz backing Optimistic Ethereum, Arbitrum <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears to have emerged as the DeFi community\u2019s second-layer rollups solution of choice.<\/p>\n<p>According to layer-two data aggregator L2beat, Aribtrum represents <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/l2beat.com\/\">60%<\/a> of the total value locked (TVL) across layer-two networks combined since its mainnet launch in early September. Arbitrum\u2019s TVL currently sits at $2.29 billion after increasing by 14% over the past week.<\/p>\n<p>Decentralized derivatives exchange dYdX ranks second behind Arbitrum with $838 million or 22% of value locked in the sector. Comparatively, Optimism has just attracted just $269 million in locked capital, ranking as the third-largest layer-two with a 7% share of second-layer TVL.<\/p>\n<p>The combined TVL of layer-two networks tagged a record-high $3.8 billion on Oct. 17.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/arbitrum-extends-lead-over-optimism-as-uniswap-posts-record-volume-on-l2\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Arbitrum extends lead over Optimism as Uniswap posts record volume on L2 &#8221; The world\u2019s most popular decentralized exchange, Uniswap, is seeing layer two volumes surge as Ethereum transaction fees surge once again. On Oct. 19, Uniswap founder Hayden Adams tweeted that daily volume across v3 deployments of the decentralized exchange on layer-two networks&#8230;<\/p>\n","protected":false},"author":1,"featured_media":354766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvOWQ3MDM5OGMtNmU5Yy00MmI0LWE3MmQtNTE2Mzk1NzA0MDUyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74868,75916,95119,88700],"class_list":["post-354765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-defi","tag-dex","tag-layer2","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/354765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=354765"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/354765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/354766"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=354765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=354765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=354765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}