As per Jinse, Uniswap and Hyperliquid have launched their own Appchains—Unichain and HyperEVM—marking a shift in the L1/L2 competition landscape. Unichain has attracted over 100 projects with a TVL of $1 billion, while HyperEVM has reached $2 billion TVL. These appchains are challenging traditional L1s by capturing value directly, including gas fees and MEV, and building their own ecosystems. The rise of appchains is driven by modular infrastructure, brand loyalty, and the pursuit of economic sovereignty by top dApps.
Uniswap and Hyperliquid Launch Appchains, Reshaping L1/L2 Competition
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