Uniswap has become the first decentralized exchange to achieve a remarkable total volume of 3 trillion USD. Nevertheless, its total value locked stands at under 5 billion USD, which is about half of its all-time high back in 2021.
With a daily trading volume around 3.3 billion USD and a market share of 23%, Uniswap leads among DEXs, maintaining a significant edge over PancakeSwap, which registers 2.7 billion USD. The token UNI remains down from its peak price of 45 USD.
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