Decentralized exchange (DEX) Uniswap (UNI) has reached a new milestone with over $1 trillion in trading volume.
According to the announcement made by Uniswap Labs, DEX reached a total trading volume of 1 trillion dollars on Tuesday.
According to data from The Block Research, Uniswap dominates the market when it comes to decentralized exchanges. Uniswap had a 42.48% market share, followed by PancakeSwap (17.21%), SushiSwap (5.47%), Astroport (5.24%), Curve (4.06%).
Uniswap’s trading volume is fairly close to Coinbase, but significantly below Binance, as can be seen in the chart below.
UNI is trading at $5.47 at the time of writing, according to CoinMarketCap data.
