Uniswap has become the first decentralized exchange to surpass $3 trillion in total trading volume, reflecting the increasing dominance of decentralized finance (DeFi) platforms.
Despite its record-breaking achievements, Uniswap's native token UNI faces challenges, with more than an 80% decline from its all-time high price of $45 in May 2021.
Uniswap recently launched a smart wallet compatible with Ethereum’s EIP-7702 upgrade, aimed at enhancing security and improving transaction efficiency.
Uniswap's total value locked (TVL) is below $5 billion, but its steady performance in volume and market share positions it as a leader in the DEX market amidst regulatory hurdles and price fluctuations.