Decentralized cryptocurrency exchange Uniswap has reached $3 trillion in aggregate all-time volume, becoming the first DEX to reach this milestone.
On May 12, Uniswap founder Hayden Adams announced this achievement on X with a screenshot of a Dune Analytics dashboard showing the milestone countdown.
Currently, Uniswap's daily volume stands at $3.3 billion according to Dune, and leads the DEX market with a 23% share, although DeFillama reports a slightly lower daily volume of $3 billion.
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The second largest DEX, PancakeSwap, boasts $2.7 billion in volume and a 21% market share.
Uniswap's total value locked in (TVL) is just under $5 billion, about half its peak in 2021.