Uniswap has hit record monthly volume across Ethereum L2s and one analyst says it’s an early sign of Ethereum ecosystem outperformance.
Uniswap has smashed its record for monthly volume across Ethereum layer 2s as decentralized finance buffs flooded back into the ecosystem.
According to data from Dune Analytics, Uniswap generated a record $38 billion in volume across major Ethereum layer-2 networks, including Base, Arbitrum, Polygon, Optimism, and several others.
The November record surpasses its previous highest month, set in March, by $4 billion.
