Uniswap Sets a Historic Benchmark: Crosses $3 Trillion in Trading Volume
Uniswap has officially made history as the first decentralized exchange (DEX) to exceed $3 trillion in lifetime trading volume — a major achievement in DeFi evolution. The milestone was acknowledged by its founder, Hayden Adams, on X.
According to data from Dune Analytics, Uniswap is currently handling $3.3 billion in daily volume, maintaining its position at the top with a 23% market share among DEXs. PancakeSwap follows closely with 21%.
Interestingly, despite this trading momentum, Uniswap’s Total Value Locked (TVL) remains below $5 billion, significantly lower than its 2021 peak — a signal that user behavior in DeFi continues to evolve.
remains one to watch as DeFi innovation advances.
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