Uniswap decentralized exchange and its governance token, UNI, have been defying all expectations in recent months, with the world’s largest DEX recently recording cumulative transaction totals exceeding the $10-billion threshold. What’s more, it is estimated that Uniswap’s 24-hour trade volume currently lies somewhere around the $2.3-billion range.
Uniswap CEO Hayden Adams has been tweeting about the milestone recently and has even released an accompanying chart showcasing a 25.7% weekly increase in Uniswap’s weekly trade volumes. It’s worth noting that if the platform is able to keep up its current in/outflow pace, it will be able to process a whopping $500 billion worth of transactions within the next 12 months.
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