Uniswap 主導 Layer 2 交易，實現大幅成長

Uniswap 是一家占主導地位的以太坊去中心化交易所 (DEX)，其第 2 層 (L2) 交易量顯著增長，佔了 L2 交易量的約 37%。過去兩年，Uniswap 的 L2 交易量飆升了 650% 以上，達到 300 億美元。專家預測這一趨勢將持續下去，到年底 L2 可能會貢獻 Uniswap 交易量的 50%。

Uniswap Dominates Layer 2 Trading Volume with Over 650% Growth

Uniswap 主導 Layer 2 交易量，成長超過 650%

Uniswap, the preeminent decentralized exchange (DEX) on the Ethereum blockchain, has emerged as a driving force in the adoption of layer 2 (L2) networks. In the past 24 months, Uniswap's L2 trading volumes have surged by a whopping 650%, propelling the platform to account for an impressive 37% share of all L2 trading activity.

Uniswap 是以太坊區塊鏈上卓越的去中心化交易所 (DEX)，已成為採用第 2 層 (L2) 網路的推動力。在過去 24 個月中，Uniswap 的 L2 交易量激增了 650%，推動該平台在所有 L2 交易活動中佔據令人印象深刻的 37% 份額。

This remarkable growth trajectory is a testament to the efficiency and scalability advantages offered by L2 solutions, which operate seamlessly alongside main blockchains like Ethereum. Analysts at 21.co have observed a significant shift towards L2 adoption, particularly on networks such as Arbitrum and Coinbase's Base, which collectively account for a staggering 82% of Uniswap's L2 volume.

這種顯著的成長軌跡證明了 L2 解決方案提供的效率和可擴展性優勢，該解決方案與以太坊等主要區塊鏈無縫運行。 21.co 的分析師觀察到 L2 採用的重大轉變，特別是在 Arbitrum 和 Coinbase 的 Base 等網路上，這些網路合計佔 Uniswap L2 交易量的 82%，令人震驚。

"L2s have been experiencing a steady influx of economic activity, particularly Base and Arbitrum," said Tom Wan, a researcher at 21.co. "I anticipate that the dominance of L2s' volume on Uniswap will continue to grow, potentially reaching 50% by the year's end."

21.co 研究員 Tom Wan 表示：“L2 一直在經歷經濟活動的穩定湧入，尤其是 Base 和 Arbitrum。” “我預計 L2 交易量在 Uniswap 上的主導地位將繼續增長，到年底可能會達到 50%。”

While Uniswap's L1 trading volume on altcoins currently constitutes only 2.9% of its overall volume, Wan believes this landscape is poised for transformation. He highlights the potential for high-performance EVM-compatible L1s, coupled with a multi-chain expansion strategy, to expand Uniswap's reach and capture a significant portion of trading volume on networks like Sei and Monad.

雖然 Uniswap 的山寨幣 L1 交易量目前僅佔其總交易量的 2.9%，但 Wan 認為這一格局即將轉變。他強調了高效能 EVM 相容 L1 的潛力，再加上多鏈擴展策略，可以擴大 Uniswap 的覆蓋範圍，並在 Sei 和 Monad 等網路上佔據很大一部分交易量。

Uniswap's Impeccable Track Record and Regulatory Scrutiny

Uniswap 無可挑剔的記錄和監管審查

As the pioneer of DEXs on Ethereum, Uniswap has consistently maintained its position as the largest on-chain trading venue on the L1 blockchain. Its cumulative trading volume across 17 chains exceeds an astonishing $2 trillion, according to DefiLlama. Furthermore, total value locked (TVL) on the platform has surpassed $5.5 billion, reflecting the immense trust and confidence it has garnered among users.

作為以太坊上 DEX 的先驅，Uniswap 始終保持著 L1 區塊鏈上最大的鏈上交易場所的地位。據 DefiLlama 稱，其 17 條鏈的累積交易量超過了驚人的 2 兆美元。此外，該平台的總鎖定價值（TVL）已超過 55 億美元，反映出其在用戶中贏得了巨大的信任和信心。

However, Uniswap's success has not shielded it from regulatory scrutiny. In a concerning development, the company founded in 2017 by Hayden Adams is facing potential enforcement action from the U.S. Securities and Exchange Commission (SEC). This follows the SEC's broader crackdown on the crypto industry. As previously reported by crypto.news, Uniswap received a Wells Notice from the SEC, indicating an impending lawsuit. The DEX has vowed to vigorously defend itself against what it deems a "disappointing but not surprising" decision.

然而，Uniswap 的成功並沒有使其免受監管審查。令人擔憂的是，這家由 Hayden Adams 於 2017 年創立的公司正面臨美國證券交易委員會 (SEC) 的潛在執法行動。在此之前，美國證券交易委員會對加密貨幣行業進行了更廣泛的打擊。正如 crypto.news 之前報導的那樣，Uniswap 收到了來自 SEC 的 Wells 通知，表明即將提起訴訟。 DEX 發誓要積極為自己辯護，反對它認為「令人失望但並不令人驚訝」的決定。

The SEC's actions have drawn sharp criticism from the crypto community, which views them as a hindrance to innovation and a threat to decentralized platforms. Uniswap's fate remains uncertain as it navigates the complex regulatory landscape, but its unwavering commitment to decentralization and transparent trading practices is likely to serve it well in the long run.

美國證券交易委員會的行為引起了加密社群的尖銳批評，他們認為這些行為阻礙了創新，並對去中心化平台構成了威脅。 Uniswap 在複雜的監管環境中前進，其命運仍不確定，但其對去中心化和透明交易實踐的堅定承諾從長遠來看可能對其有利。