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Enso

Unichain Gains EVM Liquidity via Enso Migration Tool, LayerZero

Unichain, the Layer 2 network that operates as an EVM rollup, is poised to gain a major liquidity boost following the creation of a one-click migration tool. Enso, which specializes in middleware for onchain protocols, has launched a solution that simplifies moving liquidity to Unichain with a little help from LayerZero and Stargate.

As it stands, liquidity providers (LPs) on EVM chains wanting to migrate to Unichain have to endure a multi-step process, including manual bridging, that makes the task a chore. Enso’s solution cuts those nine steps down to just one. This breakthrough looks poised to turn on the tap for Unichain, with the prospect of up to $3.5B in liquidity being moved there.

Developed by Uniswap Labs, Unichain is intent on becoming the home of DeFi, through scaling where Ethereum can’t. While the tech to realize this vision is in place, the liquidity has yet to seriously arrive. Enso’s migration tool looks poised to fix that.

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