Uniswap is back on top!
On May 12, the founder of the exchange, Hayden Adams, joyfully reported: "We did it!" 🎉 The platform reached a new cool milestone, and according to him, this is just the beginning. Additionally, there's a beautiful infographic from Dune to help everyone understand the scale of what is happening 📊
💰 Numbers, numbers... and a few more numbers:
TVL (total value locked) for Uniswap is $4.8 billion. Yes, it's still far from the former $10+ billion from 2021, but we are not disheartened. The entire DeFi market is currently gasping for air — total TVL ~ $117 billion.
However, trading volumes remain stable at $UNI — around $150 billion per month! It's just that fees have dropped: from $150 million in January to $60 million in April.
🚀 What's new?
In January, Uniswap v4 was launched: less gas, more features. And in February — its own Unichain network on OP Stack. Already traded $4 billion! Fast, cheap, and youthful 🧑💻⚡
Uniswap is like a cat that always lands on its feet. Decreasing revenues? No problem. The main thing is growth, updates, and loyal hamsters 🐹💜