Convert 2 UNI to USD today

Unichain has become the pioneering L2 blockchain to incorporate a trusted execution environment (TEE) for block building, addressing the challenges of malicious MEV practices.

This upgrade enhances transaction transparency and fairness, allowing for secure transaction sequencing that reflects actual network demand. As a result, early data shows improved pricing accuracy and reduced wasted blockspace.

Future features, such as Flashblocks, aim to enhance trading efficiency while ensuring transparency. This shift towards a decentralized and equitable infrastructure marks a significant advancement within the DeFi space.

Unichain, a Layer 2 EVM network, simplifies the liquidity movement process with its one-click migration tool from Enso. This innovation eliminates a nine-step migration for liquidity providers, potentially transferring up to 3.5 billion USD, improving accessibility for DeFi.

Liquidity providers leveraging Uniswap’s V2 or V3 on Ethereum can transition to Unichain’s V4 with enhanced features like ultra-low fees and rapid block times, aided by Enso and LayerZero’s partnerships. This change promises better trading conditions and efficiency.

Uniswap’s transfer of UNI to Coinbase Prime for OTC trading has prompted widespread selling among investors, causing a notable 2.7% decrease in the token’s value. Despite this decline, the movement of funds drew institutional interest, with large stakeholders liquidating positions.

In contrast to the drop in UNI price, Uniswap’s Total Value Locked (TVL) surged by 66 million USD recently, reflecting active market participation. This surge brings TVL to 4.009 billion USD, presenting a more favorable market scenario for the protocol.

Coinbase aims to restore staking rights across the US amid significant hurdles. Users in California, New Jersey, Maryland, and Wisconsin face losses totaling more than 90 million USD since June 2023, despite some states dismissing their lawsuits against Coinbase.

Oregon’s recent lawsuit accuses Coinbase of trading unregistered securities related to 31 crypto tokens, including XRP, UNI, and AAVE. The complaint highlights the need for clearer regulatory frameworks as many are calling for a consistent federal approach.