General
Unichain: First Steps Guide. Learn how to Bridge and Create tokens on Unichain.
Unichain is now live on DEXTools!
Start exploring real-time analytics and trading opportunities here on DEXTools Unichain.
What is Uniswap & Unichain?
Uniswap is one of the most popular decentralized exchanges (DEX) in the crypto space, enabling permissionless token swaps via automated market makers (AMMs). Built on Ethereum and many other chains currently, it allows users to trade ERC-20 tokens without intermediaries, relying on liquidity pools instead of order books.
Unichain is a next-generation Layer 2 network built by Uniswap and designed to optimize cross-chain liquidity, offering faster transactions and lower fees. As congestion and high gas fees continue to challenge Ethereum’s scalability, Unichain provides a much-needed solution.
Key Features of Unichain:
- Lightning-Fast Transactions – Unichain delivers near-instant transactions, making it an ideal environment for traders and liquidity providers.
- Lower Gas Fees – The cost-efficient architecture significantly reduces transaction fees compared to Ethereum Layer 1.
- Cross-Chain Liquidity – Unichain enables seamless asset movement between different chains, enhancing interoperability and trading opportunities.
- Powered by Uniswap – Unichain leverages Uniswap’s proven infrastructure to maintain the reliability of liquidity pools and AMMs.
Trade Unichain on DEXTools here!
Getting Started on Unichain
If you’re ready to explore Unichain, here’s a step-by-step guide to help you get started:
Step 1: Set Up Your Wallet
To interact with Unichain, you’ll need a Web3-compatible wallet like MetaMask. If you haven’t already, install the MetaMask extension or mobile app and set it up.
Step 2: Add Unichain to MetaMask
You need to add Unichain as a custom network in your wallet:
- Open MetaMask and navigate to “Settings.”
- Select “Networks” and click “Add Network.”
- Enter Unichain’s network details
Unichain RPC and Chain ID
To manually connect Unichain to MetaMask without using third-party tools like ChainList, enter the following network details:
- Network Name: Unichain Mainnet
- RPC URL: https://mainnet.unichain.org
- Chain ID: 130
- Currency Symbol: ETH
- Block Explorer: https://uniscan.xyz
- Save and switch to Unichain as your active network.
Step 3: How to Bridge Assets to Unichain.
To use Unichain, you’ll need to transfer assets from Ethereum or another supported chain using a bridge.
How to Bridge Your Assets to Unichain:
- Go to the Unichain Bridge – Visit the Unichain Bridge.
- Connect Your Wallet – Click “Connect Wallet” and choose your Web3 wallet (e.g., MetaMask).
- Select Your Network and Token – Choose your origin chain (e.g., Ethereum) and the token you want to transfer.
- Enter the Amount – Specify the amount of assets to bridge.
- Approve the Transaction – Confirm the transaction in your wallet and pay the required fees.
- Wait for Confirmation – Once approved, the transaction will process, and your funds will appear in your Unichain wallet.
Bridging times may vary depending on network congestion, but Unichain’s Layer 2 architecture ensures faster and more cost-efficient transactions compared to Layer 1 Ethereum.
Step 4: Trade & Provide Liquidity
Once you have funds on Unichain, you can start trading on Uniswap’s Unichain interface or provide liquidity to earn fees:
- Trading – Swap tokens directly on Uniswap’s Unichain DEX.
- Liquidity Provision – Deposit assets into liquidity pools to earn a share of trading fees.
What Is Cross-Chain Liquidity?
- Cross-chain liquidity refers to the ability to move assets seamlessly between different blockchain networks, enabling traders to access liquidity from multiple ecosystems without needing to rely on centralized exchanges.
- By facilitating interoperability, cross-chain liquidity allows users to trade, stake, and provide liquidity across various blockchains, unlocking new opportunities and reducing dependency on any single network.
Create Your Own Token on Unichain
With Unichain now integrated into DEXTools, users can launch their own tokens effortlessly using the DEXTools Token Creator. This tool allows anyone to deploy a custom token on Unichain in just a few clicks, without the need for advanced coding knowledge.
How to Create Your Token:
- Visit the DEXTools Token Creator.
- Connect your Web3 wallet.
- Select Unichain as the blockchain.
- Customize your token’s parameters, including name, supply, and other configurations.
- Deploy your token and start utilizing it in the Unichain ecosystem.
- Create a liquidity pool on Uniswap – After deploying your token, go to Uniswap’s Unichain interface and create a liquidity pool to enable trading.
This feature opens the door for new DeFi projects, community-driven tokens, and innovative blockchain applications, all benefiting from Unichain’s speed and cost-efficiency.
Why This Matters for DeFi Traders
The launch of Unichain on DEXTools represents a major milestone for traders seeking efficiency, scalability, and new opportunities in DeFi. As a high-performance Layer 2 solution, Unichain not only reduces transaction costs but also unlocks new possibilities for liquidity aggregation and cross-chain interoperability.
Stay Informed & DYOR
- As with any emerging blockchain, Unichain’s ecosystem will experience high volatility, with numerous new token launches and trading activity. Always do your own research (DYOR) before interacting with any assets.
- DEXTools is committed to providing real-time analytics and insights to help traders navigate this dynamic space. Keep an eye on Unichain’s performance, new token listings, and trending pairs directly on DEXTools.
Ready to explore Unichain? Track all the latest developments on DEXTools and experience the next evolution in decentralized trading.
