Uniswap, the decentralized exchange, has reached a significant milestone by achieving an all-time trading volume of $3 trillion. This news was announced by the platform's founder Hayden Adams.
Achievement of $3 Trillion
Uniswap has become the first decentralized exchange to reach a trading volume of $3 trillion. Hayden Adams shared the achievement in a post on X, including a screenshot from Dune Analytics.
Current Volumes and Competition Comparison
According to Dune data, Uniswap has a current daily volume of $3.3 billion, which gives it a 23% market share among DEXs. In comparison, PancakeSwap, the second-largest DEX, has a volume of $2.7 billion and a 21% market share.
Future Plans: Uniswap Smart Wallet
Adams also announced that Uniswap is rolling out its own smart wallet in accordance with EIP-7702, which allows users to swap in one click. This initiative aims to enhance the security and functionality of operations on the platform.
Uniswap's achievements highlight its leading role in decentralized finance, while announcements of new features, such as the smart wallet, aim to improve user experience.
