Feb 18, 2025
Ibiam Wayas
Uniswap is not a Layer 1 blockchain. But it now has its own native blockchain.
Uniswap is popularly known as a decentralized exchange. Uniswap is based on Ethereum, which is a Layer 1 blockchain.
However, in February 2025, Uniswap launched its own native blockchain called Unichain.
Not a Layer 1, Unichain is a Layer 2 blockchain designed to enhance the speed and efficiency of the Ethereum mainnet.
Unichain is built on the OP Stack, a modular framework that lets developers build interoperable layer-2 chains based on Optimism's optimistic rollup technology.
Unichain is a "Stage 1" rollup meaning it has elements of decentralization but is centrally controlled at this early phase.
While Uniswap has a token called UNI, Unichain retains and uses ETH as its transactional token.
Next Up