Uniswap Reaches $116.6 Billion in October Volume, Signaling Explosive DeFi Growth

Uniswap Makes History: Surpasses $2 Trillion in All-Time Trading Volume
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Uniswap recorded a record trading volume of $116.6 billion in October, its highest monthly level since launch. Growth was concentrated in the protocol’s V3 and V4 versions and on networks such as Ethereum, Base, and Arbitrum, which lowered costs and expanded on-chain liquidity.

The activity also reflected an increase in whale transactions and in UNI token turnover following the proposal to burn 100 million tokens, which pushed its price up more than 70% in recent weeks.

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Analysts link the surge to renewed institutional interest in decentralized trading. If the trend continues, Uniswap could surpass $1 trillion in annual trading volume for the first time, solidifying its position as one of the most important infrastructures in the DeFi market.

Source: https://x.com/tokenterminal/status/1988346562272010708


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