Uniswap reaches $100B in cumulative volume amid DeFi explosion
Uniswap’s decentralized exchange reached a major milestone on Monday as cumulative trade volumes surpassed $100 billion in the wake of the decentralized finance boom.
Hayden Adams, Uniswap’s CEO, tweeted Monday that the platform became the first decentralized exchange to process over $100 billion in transactions. Using data from Dune Analytics, Adams showed cumulative volumes of $101.5 billion as of Monday. The chart highlights Uniswap’s dramatic growth since mid-2020 when the first DeFi bull market began.
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