Researchers from the Block Research team found that the average monthly trading volume on the UniSwap decentralized exchange exceeded $ 30 billion. This is the highest figure in the entire history of the trading platform.
In December, the monthly trading volume was about $ 15 billion. In September last year, at the peak of the activity of the DeFi market participants, the trade turnover on the UniSwap platform reached $ 18.5 billion.
The UNI exchange token has dropped to $ 18.2 this week, although it has only recently surpassed $ 20. The capitalization of the digital asset is now about $ 5.253 billion. This is one of the most demanded instruments in the DeFi market.
Analysts stressed that since the end of last year, the activity of users of decentralized crypto-exchanges (DEX) has increased dramatically. In January, the trading volume in this ecosystem exceeded $ 60 billion.
Uniswap is the leader in the ranking of marketplaces in the DeFi ecosystem. SushiSwap and Curve. The volume of transactions on the last two platforms amounted to $ 13.48 billion and $ 5.92 billion in January, respectively.
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