{"id":129051,"date":"2025-05-12T06:19:09","date_gmt":"2025-05-12T06:19:09","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=129051"},"modified":"2025-05-12T06:19:09","modified_gmt":"2025-05-12T06:19:09","slug":"uniswap-becomes-first-dex-to-hit-3t-in-all-time-volume","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=129051","title":{"rendered":"Uniswap becomes first DEX to hit $3T in all-time volume"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsDecentralized exchange Uniswap has hit a whopping $3 trillion in aggregate all-time volume, the first decentralized exchange to hit the number.\u00a0<br \/>\nUniswap founder Hayden Adams noted the achievement in an X post on May 12, which included a screenshot of a Dune Analytics dashboard counting down to the milestone.\u00a0<br \/>\nUniswap also has a current daily volume of $3.3 billion, according to Dune. DeFillama meanwhile shows Uniswap is the leading DEX with a 23% market share in daily volumes, which it reports as slightly lower at $3 billion over the past 24 hours.\u00a0<br \/>\nThe second-largest DEX in volume is PancakeSwap, with $2.7 billion and a 21% DEX market share.\u00a0<br \/>\nUniswap has a current total value locked of just under $5 billion. However, this figure is around half of its 2021 all-time high, as overall DeFi total value locked (TVL) is about half of what it was in late 2021.<br \/>\nDeFillama reports a DeFi TVL of $124 billion, while DappRadar reports $132 billion, with more than half of this total on Ethereum.\u00a0<br \/>\nUniswap reaches total trade volume milestone. Source: Hayden AdamsRelated: Decentralized exchanges gain ground despite $6M Hyperliquid exploit<br \/>\nThe DEX\u2019s native token, Uniswap (UNI), has not mirrored the platform\u2019s performance and remains down more than 84% from its peak price of $45 four years ago in May 2021.<br \/>\nUNI had lost 3.4% on the day and was trading at just over $7 at the time of writing, according to CoinGecko.\u00a0<br \/>\nUniswap smart wallet coming\u00a0<br \/>\nAdams also announced on May 12 that Uniswap was \u201crolling out our own 7702 wallet and supporting other 7702 wallets \u2026 with the goal being one-click swapping for all users.\u201d\u00a0<br \/>\nEIP-7702 is an Ethereum Improvement Proposal led by Vitalik Buterin that went live with the Pectra upgrade on May 7.<br \/>\nIt enhances Ethereum accounts to withstand potential threats from quantum computing and allows externally owned accounts to temporarily function as smart contracts during transactions.<br \/>\nTrust Wallet has already launched a smart account-compatible upgrade for its users, and Uniswap is set to follow.\u00a0<br \/>\nMagazine: Bitcoin eyes \u2018crazy numbers,\u2019 JD Vance set for Bitcoin talk: Hodler\u2019s Digest<a href=\"https:\/\/cointelegraph.com\/news\/uniswap-dex-hit-3-trillion-all-time-volume?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsDecentralized exchange Uniswap has hit a whopping $3 trillion in aggregate all-time volume, the first decentralized exchange to hit the number.\u00a0 Uniswap founder Hayden Adams noted the achievement&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129051"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129051"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129051\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129051"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}