Uniswap’s decentralized exchange set a new weekly volume record on Tuesday, with cumulative transactions exceeding $10 billion amid the ongoing decentralized finance boom.
Giám đốc điều hành Hayden Adams tweeted the milestone on Tuesday with an accompanying chart showing a 25.7% weekly increase in volumes. If Uniswap manages to maintain its current pace, it will process over $500 billion worth of transactions in a year.
@Uniswap khối lượng giao dịch hàng tuần vừa vượt qua 10 tỷ đô la lần đầu tiên !!!
10 tỷ đô la / tuần là hơn 0.5 nghìn tỷ đô la mỗi năm pic.twitter.com/ZibcDT9Zob
- Hayden Adams (@haydenzadams) 20 Tháng Tư, 2021
Uniswap’s 24-hour trade volumes are ước tính to be around $1.9 billion, according to CoinGecko. PancakeSwap and Mdex each reportedly processed more than $3 billion worth of transactions over the same 24-hour period.
Uniswap is a popular platform for investors looking to access new and emerging DeFi projects and other so-called hidden crypto gems not yet available on major centralized exchanges like Coinbase, Kraken or even Binance. A retroactive airdrop of 400 UNI tokens has aided the platform’s appeal over the past six months. Those 400 tokens are now worth $12,000 based on UNI’s current price.
The decentralized exchange reached a major milestone in February when cumulative trade volumes first surpassed $100 billion. As Cointelegraph reported at the time, Uniswap’s dramatic growth since mid-2020 mirrored the first DeFi bull market.
Nearly $112 billion has been khóa in DeFi projects, according to the latest industry data. The total value locked peaked above $123 billion last week before a sweeping market correction xóa sổ hơn 300 tỷ đô la in cumulative crypto value.
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Source: https://cointelegraph.com/news/uniswap-s-weekly-trade-volumes-reach-record-high-of-10b
