Daily Trade News

Is $1 billion a day in volume the ‘new normal’ for Uniswap? By



Is $1 billion a day in volume the ‘new normal’ for Uniswap?

Leading decentralized exchange, or DEX, platform Uniswap continues to lead the sector as it nears an average of $1 billion a day trading volume for the month of January.

Only two-thirds of the way into the month and the platform has already surpassed the previous monthly trade volume record of $15.3 billion set in September during the DeFi boom. The DEX passed $17 billion as of this morning and is on track to surpass $25 billion by the end of January with a daily average of $855 million.