Uniswap Decentralized Exchange Trading Volume Exceeds $ 100 Billion

The Uniswap Decentralized Exchange was the first in the DeFi industry to reach over $ 100 billion in total trading volume.

how reported
Uniswap CEO Hayden Adams, there were $ 101.5 billion in transactions on the platform as of February 15th. Significant growth in trading volume began in mid-2020, along with the boom in the decentralized finance industry. In the last 24 hours alone, the trading volume on the platform amounted to $ 1.2 billion.

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It is Uniswap that has become one of the growth drivers of the DeFi industry – it allows users to add new tokens to the platform themselves. In addition, at the end of 2020, the site distributed 400 UNI tokens to users. At the current exchange rate, this is $ 8,400.

In early February, the volume of crypto assets blocked in the DeFi industry exceeded $ 32.4 billion, and at the time of publication, the figure had already reached $ 40.09 billion.At the same time, the total trading volume on decentralized exchanges in January alone exceeded $ 55 billion.

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