In 2023, Uniswap's trading volume exceeded $450 billion
In the past 30 days, the trading volume of decentralized exchanges (DEX) reached $85.5 billion. Uniswap continues to dominate the non-custodial exchange market, accounting for 55.5% of total trading volume.
The second-ranked DEX by trading volume is PancakeSwap (17.8%), followed by Trader Joe (5.2%). In 2023, the total value of transactions completed on DEX Uniswap reached $454 billion, with record-breaking revenue of $73 billion in February. The total number of user transactions reached 163 million, and over the course of a year, Uniswap recorded connections from 2.89 million new wallets and liquidity providers opening 3.33 million positions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Institution: 2024 could become one of the worst periods predicted by the Federal Reserve
ETH falls below 3800 US dollars
Trump's encryption project, World Liberty, increases holdings by over 230,000 ENA
TaoMing Securities: The Federal Reserve may move towards zero interest rate cuts