crypto News The UNISWAP trade turnover exceeded $ 1 trillion from the date of the DEX launch

The UNISWAP trade turnover exceeded $ 1 trillion from the date of the DEX launch

The UNISWAP trade turnover exceeded $ 1 trillion from the date of the DEX launch

The volume of transactions on Uniswap exceeded $ 1 trillion in the equivalent of the DEX in 2018.

1/ it’s Been One Hell of A Ride 🚀

As of Today, The Uniswap Protocol Has Passed a Lifetime Cumulative Trading Volume of $ 1 Trillion. Pic.Twitter.COM/STFDMDGJPZ

– Uniswap Labs 🦄 (@Uniswap) May 24, 2022

According to the Uniswap Labs project, the number of protocol users approached 3.9 million-more than 80% of all participants in the DEFI space.

According to Dune Analytics, the project remains a dominant player in the volume of trading among DEX on Ethereum. Over the past seven days, its share amounted to 84% ($ 9.09 billion), according to the results of April – 76.2% ($ 51.4 billion).

When considering the DEX trading revolutions in all networks, the share of Uniswap (taking into account all versions) is 41.3%, according to Coingeco. The closest competitor to Pancakeswap on BNB Chain – 15.4%.

Compared to centralized Uniswap platforms, the seventh position after Binance, FTX, COINBASE, KUCOIN, Huobi Global and OKX would take up the daily volume of bidding in $ 1.05 billion. DEX indicators were higher than Kraken, Crypto.Com, Bitfinex and others.

According to Defi Llama, the project of the project is $ 5.9 billion. According to this indicator, Uniswap takes the fifth place among all protocols and the second among DEX.

Decentralized exchange supports Ethereum, Polygon, Optim and Arbitrum.

Recall that in April, Uniswap launched the SWAP Widget service, which allows developers to integrate the functions of the project into third -party Dapps .

Earlier in the United States, the company was accused of violating securities laws.

In August 2021, the SEC chairman Gary Gensler warned of strengthening the regulation of Defi and emphasized that the decentralized nature of the projects does not give immunity from the supervision of the department.

In September, he called users of the Defi platform “vulnerable”. Hensler said that this segment is “replete with fraud, scams and abuses”.

Later, information about the SEC investigation has appeared in the media in relation to a number of segment companies, including Uniswap Labs.

In January 2022, Hensler announced the construction of regulatory frames for cryptocurrency exchanges as a priority for this year.

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