UniSwap Trade Volumes Hit a Weekly Milestone of Over $10B and Set to Process Over $500 Billion in 2021

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UniSwap, the leading decentralized exchange (DEX), says it has processed cumulative transactions exceeding $10 billion in a weekly high amidst the current DeFi boom.

The new all-time high is a 25.7% increase in weekly volumes and if maintained, will see UniSwap process over $500 billion or $0.5 trillion worth of transactions by the end of this year.

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SEE ALSOUniSwap Becomes the First Decentralized Exchange to Process Over $100 Billion in Volume

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The new high comes just 2 months after the DEX hit a new milestone by crossing $100 billion in cumulative trade volumes.

A further drill down of the stats reveals the most popular pairs on UniSwap over the 7-day period below:

  • USDC – ETH – $1.05B
  • ETH – USDT – $1.01B
  • SHIB – ETH – $911.3M
  • DAI – ETH – $340.6M
  • WBTC – ETH – $200.6B

As of this writing:

  • The total DEX volume over the last 7 days stands at $18B
  • March 2021 total DEX trading volume stood at $71.4B
  • April 2021 total DEX trading volume so far stands at $48.6B
  • Cumulative UniSwap volume so far stands at $175B
  • UniSwap had over 228, 000 traders over the last 7 days

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RECOMMENDED READINGUniSwap (UNI) Becomes the First DeFi Token Among Crypto’s Top 10 After Crossing $14 Billion on CoinMarketCap

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