Driven by Liquidity Incentives, Unichain TVL Soars to $71 Million

BlockBeats News, April 16th, according to Uniswap Foundation data, after Gauntlet provided two weeks of continuous UNI incentives to 12 pools on Unichain, Unichain's TVL skyrocketed to over $71 million. Prior to this, Unichain's TVL was less than $1 million, with the USDC/USDT0 Pool reaching $44 million.

Currently, the daily rewards for the 12 Unichain Pools are around $330,000 worth of UNI in total, with the USDC/USDT0 Pool rewarding 7,784 UNI per day (worth around $40,600).