9-5-2025 – Unichain has established itself as the preferred network for Uniswap’s fourth iteration, commanding approximately three-quarters of all transactions, whilst Ethereum’s share has dwindled to below one-fifth.
The latest data from Entropy Advisors’ Dune Analytics reveals this significant transformation, which gained particular momentum during mid-April 2025. This development marks a noteworthy evolution in the decentralised finance sector, though it’s worth noting that Ethereum maintains its stronghold over Uniswap version 3 operations.
The success of Unichain, which operates on the Optimism Superchain architecture, can be attributed to its compelling technological advantages. The network boasts transaction fees approximately 95% lower than Ethereum’s primary layer, alongside impressively swift one-second block times. More ambitious still are plans to implement 250-millisecond sub-blocks, promising near-instantaneous transaction processing.
January 2025 saw the debut of Uniswap v4, introducing revolutionary features including bespoke code execution hooks, flexible fee structures, enhanced gas efficiency, and native ETH integration. Whilst Unichain has focused its efforts exclusively on this latest version, deliberately eschewing v3 implementation within its ecosystem.
A substantial $45 million liquidity incentive scheme has proved instrumental in Unichain’s ascendancy, catalysing a marked uptick in both active wallet addresses and total value locked (TVL). This strategic investment has elevated Unichain to become the third most significant Layer 2 rollup platform, securing $800 million in TVL, according to DeFiLlama’s metrics.