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Wormhole Launches on the Unichain Testnet

Twitter icon  •  Published 2 weeks ago  •  Hassan Maishera

On Monday, the Wormhole team announced via X that Wormhole is now live on the Unichain testnet.

On Monday, the Wormhole team announced via X that Wormhole is now live on the Unichain testnet. Unichain is a new L2 by Uniswap, designed for DeFi, boasting fast blocks (250ms) and a decentralized validator network.

According to the team, Wormhole is the only protocol unconditionally approved by the Uniswap Bridge Assessment Committee to power the protocol's multichain governance.

Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.3156, down 1% in the last 24 hours. 

Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. No order book or centralized party is required to make trades. UNI, the native token of Uniswap, is currently trading at $8.137, up 3% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.