BNB Chain was launched in September 2020 by leading crypto exchange Binance. The BNB token initially lived on Ethereum’s network before Binance migrated the coin to its own decentralized network.
Ethereum’s Most Active Smart Contract – Uniswap V3
Data from Tokenterminal showed that Uniswap topped other protocols in terms of gas consumption. Gas refers to the fees paid by traders when sending cryptocurrencies. The smart contract code powering the DEX used around $4.4 million in gas fees, making Uniswap the most active smart contract on Ethereum.
Stablecoin Tether USD (USDT) and on-chain solution CoinTool were ranked second and third. Their gas estimates were $3.9 million and $3.7 million respectively at press time.
In other news, the DEX was the center of controversy after an updated privacy policy was announced to the community. Uniswap also debuted NFT trading and a $5 million USD Coin (USDC) airdrop for Genie users.
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