Uniswap, one of the leading decentralized exchanges (DEX), has set a new record by surpassing $3 trillion in trading volume. This is a significant milestone in the platform's growth in the DeFi market.
New Uniswap Record
Uniswap has reached over $3 trillion in trading volume on decentralized exchanges, becoming the first DEX to pass this milestone. Founder Hayden Adams celebrated this achievement on May 12 with a growth chart from Dune Analytics.
Current Trading Volume Data
According to Dune Analytics, Uniswap has a daily trading volume of $3.3 billion, confirming its leadership among decentralized exchanges. DeFiLlama confirms that Uniswap dominates with a 24-hour trading volume share of 23.12%, ahead of PancakeSwap at 20.95% and $2.7 billion in volume.
Security Updates and New Features
Uniswap has also introduced EIP-7702 integration, enhancing the platform's security and making the swapping process easier for users. Hayden Adams noted on Twitter: "We're rolling out our own 7702 wallet and supporting other 7702 wallets through EIP 5792, with the goal being 1-click swapping for all users."
Uniswap’s achievement of $3 trillion in trading volume underscores its significance in the decentralized finance market. With new features and continuous growth, the platform remains one of the leaders in its segment.