CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

crypto.news 2025-05-12 08:41:13

Uniswap becomes first DEX to hit $3T in total trading volume

Uniswap has reached a new milestone by becoming the first decentralized exchange to hit $3 trillion in total trading volume. Hayden Adams, the founder of Uniswap, shared the benchmark on May 12 in post on X. He thanked users for their participation and hinted at bigger goals in the future. Hayden attached an infographic from a Dune Analytics dashboard showing just how far the platform has come. Uniswap is the first DEX to $3T volume 🦄 Bet its the first to 10 Grateful to everyone who swapped along the way as we decentralize the global finance system 🌐 pic.twitter.com/945Ab0Jpsl — Hayden Adams 🦄 (@haydenzadams) May 12, 2025 Even though Uniswap’s ( UNI ) trading volume is high, the platform’s total value locked is now around $4.8 billion, less than half of its 2021 peak. This decline is consistent with a significant pullback in the larger decentralized finance market. DeFi’s total TVL is now about $117 billion, compared to a peak of $174 billion in 2021, according to DeFiLlama data . You might also like: Uniswap integrates Sony’s layer-2 Soneium to enhance trading experience Still, Uniswap’s monthly trading numbers remain strong. It has seen over $150 billion in volume each month in 2025. It earned roughly $150 million in fees in January, but in April, this amount decreased to just over $60 million. Recent upgrades have helped keep the platform growing. Uniswap v4 , launched in January, introduced new features like flexible trading tools and lower gas costs. Its new layer 2 network, Unichain, launched in February and built on the OP Stack, has already processed more than $4 billion in volume. Unichain helps users trade faster and more cheaply than on Ethereum’s ( ETH ) main network. Following the Ethereum Pectra upgrade , which went live on May 7, 2025, Uniswap implemented support for EIP-7702.This Ethereum Improvement Proposal allows Externally Owned Accounts to temporarily act like smart contracts during a transaction. This enables features such as transaction batching, gas sponsorship, and smart recovery without migrating to full smart contract accounts. Uniswap’s token, UNI, is up 1.4% as of press time and over 40% in the past week. Still, it’s down more than 80% from its all-time high of $44.92 set back in May 2021. Read more: Uniswap price could surge as Unichain flips Ethereum, Polygon, Sei in key metrics

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta