Uniswap v4 has witnessed a remarkable shift with Unichain surpassing Ethereum as the leading blockchain for transactions. As of May 8th, 2025, Unichain boasts over 60% market share, illustrating a significant migration away from Ethereum’s traditional dominance in DeFi. 60% market share on Uniswap v4 signifies Unichain’s successful adoption and impact within the decentralized finance ecosystem. 30% of trading activity now resides on Ethereum, indicating a notable redistribution of activity in the space. This trend reflects a broader shift towards faster and cheaper Layer-2 solutions like Unichain. The increased accessibility and cost-effectiveness of using Uniswap v4 has sparked growth for Unichain, offering an alternative to Ethereum.