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The volume of trade on Uniswap reached $450 billion in a year

The volume of trade on Uniswap reached $450 billion in a year

user avatar

by Max Nevskyi

2 years ago


In 2023, the total value of trades on the Uniswap DEX platform reached $454 billion. February was particularly impressive, with trading volume reaching $73 billion.

Users conducted a total of 163 million transactions during a specific period.

Over the year, Uniswap registered the addition of 2.89 million new wallets and the creation of 3.33 million liquidity provider positions.

In addition, the exchange's team highlighted the following significant achievements:

  • Launch of UniswapX, a liquidity aggregator.
  • Development of the fourth version of the protocol.
  • Integration with new blockchain networks.
  • Introduction of applications in app stores for iOS and Android devices.

Since the beginning of January, the platform has also added support for 18 fiat currencies and 7 languages.

We are focused on making DeFi accessible anytime, anywhere — for people around the world.stated the Uniswap developers.

It should be noted that the exchange introduced a 0.15% fee for a specific set of tokens, which raised concerns among experts regarding possible centralization.

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