In 2023, Uniswap's trading volume exceeded $450 billion
In the past 30 days, the trading volume of decentralized exchanges (DEX) reached $85.5 billion. Uniswap continues to dominate the non-custodial exchange market, accounting for 55.5% of total trading volume.
The second-ranked DEX by trading volume is PancakeSwap (17.8%), followed by Trader Joe (5.2%). In 2023, the total value of transactions completed on DEX Uniswap reached $454 billion, with record-breaking revenue of $73 billion in February. The total number of user transactions reached 163 million, and over the course of a year, Uniswap recorded connections from 2.89 million new wallets and liquidity providers opening 3.33 million positions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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