5 Years Later: Uniswap Surpasses $2 Trillion Milestone in Trading Volume

Since its inception in November 2018, Uniswap has now facilitated trading volumes exceeding $2 trillion across various blockchains.

Apr 6, 2024 - 06:30
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5 Years Later: Uniswap Surpasses $2 Trillion Milestone in Trading Volume

Uniswap, the decentralized exchange (DEX) pioneer, has achieved a significant milestone by surpassing $2 trillion in all-time trading volume.

This achievement marks a historic moment for the platform, occurring five and a half years after its launch in November 2018.

Uniswap’s $2 Trillion Milestone

According to data from a Dune Analytics dashboard compiled by Uniswap’s strategy and operations lead, Zach Wong, the DEX’s all-time trading volume stands at $2,000,002,099,397 with its 24 hour trading volume being $2,873,869,703.

The data also reveals that the $2 trillion milestone was reached at approximately 11:55 a.m. UTC on April 5.

The trading volume figure includes transactions across various blockchains supporting Uniswap, such as Ethereum, Polygon, Optimism, Arbitrum, Celo, BNB Chain, Base, Blast, and the Avalanche Network.

Uniswap’s widespread adoption and compatibility across multiple networks have contributed to its remarkable growth trajectory.

Uniswap Labs had told the community about the impending milestone, announcing on April 4 at 6:00 p.m. UTC that $2 trillion was expected to be reached within the following 24 hours.