2 years ago
Popular decentralized concern (DeFi) trading venue Uniswap said Tuesday it had processed $1 trillion successful beingness trading volume.
According to information from CoinGecko, Uniswap ranked archetypal among decentralized exchanges by measurement (DEX) with $1 cardinal successful trading implicit the past 24 hours; apical centralized speech Binance saw astir $15 cardinal successful the aforesaid clip frame. It’s 1 motion that traders proceed to similar centralized exchanges implicit DEXes.
But Uniswap, primitively an Ethereum project, continues to grow its scope crossed the DeFi ecosystem. It plans to deploy “Uniswap v3” connected Gnosis Chain and Moonbeam Network next.
The DEX has seen a $500 cardinal summation successful trading measurement since Q4 of 2021, according to Uniswap data.
Beyond facilitating crypto trades, Uniswap besides precocious launched a web 3 ventures helping and tapped a new caput of policy arsenic it tries to navigate crypto regulation.
Uniswap did not respond by property time.
The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat NowDISCLOSURE
Please enactment that our
cookies, and
do not merchantability my idiosyncratic information
has been updated.
The person successful quality and accusation connected cryptocurrency, integer assets and the aboriginal of money, CoinDesk is simply a media outlet that strives for the highest journalistic standards and abides by a
strict acceptable of editorial policies. CoinDesk is an autarkic operating subsidiary of
Digital Currency Group, which invests in
and blockchain
startups. As portion of their compensation, definite CoinDesk employees, including editorial employees, whitethorn person vulnerability to DCG equity successful the signifier of
stock appreciation rights, which vest implicit a multi-year period. CoinDesk journalists are not allowed to acquisition banal outright successful DCG.
Sign up for The Node, our regular newsletter bringing you the biggest crypto quality and ideas.
By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.
English (US) 