Weekly Trading Volume On Uniswap Hits $ 10 Billion

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Trading volume on the decentralized exchange (DEX) Uniswap over the past seven days reached $ 10.31 billion, up more than 27% over the prior same period.

Data: Uniswap Analytics.

In February, Uniswap was the first DEX to break the $ 100 billion mark in trading volume.

According to CoinGecko, over the past 24 hours, the platform has completed transactions worth $ 1.71 billion, which is almost three times less than PancakeSwap, which operates on the Binance Smart Chain (BSC), at $ 4.7 billion.

Data: CoinGecko.

It is inferior to Uniswap in terms of the value of blocked funds, according to DeBank. The indicator of the Ethereum-based platform is $ 9.5 billion, while PancakeSwap has $ 11 billion.

Data: DeBank.

Let us remind you that the third version of the Uniswap protocol is to be launched on May 5.

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