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Popular DEX Uniswap Reaches $1 Trillion in Trading Volume

Since its inception in 2018, Uniswap's first iteration has seen more than $1 trillion of crypto traded on the DEX protocol....
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Photo by Joshua Sortino

Since its inception in 2018, Uniswap’s first iteration has seen more than $1 trillion of crypto traded on the DEX protocol.

According to an announcement from Uniswap Labs, the decentralized exchange crossed the lifetime cumulative trading volume mark Tuesday.

According to data compiled and analyzed by The Block Research, Uniswap is the leader in decentralized exchange markets in terms of volume trades since last year.

For example, in April it held 42.48% of the market. It was followed by PancakeSwap (17.21%) and SushiSwap (5.47%), Astroport (5.244%), Curve (4.06%) and all other (25.56%).

Vitalik Ivanov

Vitalik Ivanov

Vitalik is a speaker / journalist. He has spoken and given presentations at many blockchain events across the world. Vitalik is based in the UK, he loves to travel and calls Dubai his "crypto home". Vitalik has enjoyed speaking at blockchain events and has a main focus on CBDC's, NFT's and altcoins. Vitalik says "Everything, and i mean everything will be an NFT one day".
Vitalik Ivanov

Vitalik Ivanov

Vitalik is a speaker / journalist. He has spoken and given presentations at many blockchain events across the world. Vitalik is based in the UK, he loves to travel and calls Dubai his "crypto home". Vitalik has enjoyed speaking at blockchain events and has a main focus on CBDC's, NFT's and altcoins. Vitalik says "Everything, and i mean everything will be an NFT one day".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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