Uniswap’s V3 to Launch on Polygon zkEVM
Uniswap, the top decentralized exchange (DEX) based on trade volume, has unanimously voted to deploy its V3 iteration on Polygon’s newly launched zkEVM Layer 2 network. This move is aimed at solidifying Uniswap’s position as the top DEX and thought leader. Competition among Layer 2s (L2s) is intensifying, with Matter Labs and Polygon both launching rollups powered by zero-knowledge proofs or zkEVMs. Although Polygon zkEVM has only attracted $3.9M in total value locked (TVL), Quickswap, the leading DEX on the Polygon PoS Chain, is the largest DeFi protocol on zkEVM. Furthermore, rival zkEVM, ZkSync Era from Matter Labs, has quickly