According to Wu Blockchain, based on L2Beat data, after the Merkl incentive program ended, the Ethereum L2 network Unichain launched by Uniswap saw its TVL drop from a peak of $1.45 billion to $350 million, a decline of $1.1 billion over the past 4 months. Currently, 63.7% of Unichain TVL consists of ETH and LST, 26.6% is stablecoins, and 7.12% is BTC and LST, etc.