menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Uniswap Sh...
source image

TronWeekly

6d

read

399

img
dot

Image Credit: TronWeekly

Uniswap Shatters Records: First DEX to Surpass $3 Trillion in Volume

  • 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.

Read Full Article

like

24 Likes

For uninterrupted reading, download the app