tl;dr
Uniswap has achieved a daily volume of $2.9 billion, surpassing competitors like Balancer and Morpho. Uniswap V3 accounts for $2.4 billion of the volume, while V2 trades over $455 million. Despite a 44% drop in volume, Uniswap maintains a significant lead. The data also highlights DeFi activity acro...
Uniswap has achieved a daily volume of $2.9 billion, surpassing competitors like Balancer and Morpho. Uniswap V3 accounts for $2.4 billion of the volume, while V2 trades over $455 million. Despite a 44% drop in volume, Uniswap maintains a significant lead. Uniswap holds $445.31 million in its balance, showcasing its dominance even with the decrease in volume. Among the top 10 dApps, Sky (formerly Maker) is the only single-chain protocol listed. Additionally, Uniswap highlights DeFi activity across multiple chains, with the data emphasizing its position in the market.
The results from DappRadar show that in the last 24 hours, Uniswap posted $2.9 billion in volume across its V3 and V2 contracts. This figure surpassed Balancer's $1.39 billion, with Uniswap V3 accounting for $2.4 billion and V2 trading over $455 million. Morpho recorded $677 million, while PancakeSwap V2 followed closely with $518 million.
Uniswap retains a remarkable lead over its competitors, demonstrating its significant dominance even amid a 44% drop in volume. The data also underlines the DeFi activity across different chains, with Sky being the only single-chain dApp listed in the top 10. Even though the volume for most dApps is down, Uniswap's ability to remain ahead showcases its substantial influence in the decentralized finance market.
The information provided by DappRadar illustrates the prominent position of Uniswap in terms of daily volume and DeFi activity, reflecting its strength and influence within the cryptocurrency and dApp ecosystem.