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Uniswap Smashes $3T Trading Volume—First DEX to Hit the Trillion-Dollar Big Leagues

Uniswap Smashes $3T Trading Volume—First DEX to Hit the Trillion-Dollar Big Leagues

Published:
2025-05-12 08:41:13
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Uniswap becomes first DEX to hit $3T in total trading volume

Decentralized finance just got a new bragging right—Uniswap’s trading volume now dwarfs some national economies. The protocol hit $3 trillion in lifetime swaps, leaving centralized exchanges scrambling to justify their fees.

How’d they do it? Liquidity pools that never sleep, token listings without gatekeepers, and a relentless army of degens chasing the next 100x. Meanwhile, Wall Street’s still trying to figure out if ’blockchain’ is a type of Excel formula.

One cynical take? The real milestone isn’t the volume—it’s how much of that $3T was wash-traded by bots chasing yield. But hey, in crypto, even fake numbers can buy very real Lambos.

|Square

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