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Uniswap Weekly Trading Volume Reaches $5.97 Billion Amid Ethereum Activity
(2 hours ago) · 1 source · Summarized by CryptoBipto
Uniswap, the largest decentralized exchange, recorded trading volume of $5.97 billion as trading activity on the Ethereum network increased. The surge reflects heightened activity across decentralized finance platforms built on Ethereum.
WHY IT MATTERS
A decentralized exchange, or DEX, is like a marketplace where people can swap one cryptocurrency for another without handing their funds to a company first — similar to a peer-to-peer swap meet rather than a traditional store.
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SOURCES
- thedefiant.io
RELATED
UNIETHDeFiDecentralized ExchangesUniswapEthereumTrading Volume
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