TechFlow news, October 10 — According to CoinDesk, Uniswap Labs, the development team behind the decentralized exchange Uniswap, announced the launch of its own Layer 2 network, Unichain. Built on Optimism's OP Stack technology, the network is scheduled to go live on testnet on October 10.
Hayden Adams, CEO of Uniswap Labs, stated that Unichain aims to deliver faster and cheaper transactions while enhancing liquidity. The new network will become part of Optimism’s Superchain ecosystem, joining projects like Coinbase’s Base in forming a coalition of Layer-2 networks.
Unichain will introduce several technological innovations, including a Trusted Execution Environment (TEE) for block building developed in collaboration with Flashbots, as well as a community-run validation network. The TEE is expected to reduce block building time to 200–250 milliseconds, significantly faster than Ethereum’s mainnet and other Layer-2 networks.
