Uniswap breaks $1T in volume — but has only been used by 3.9M addresses

Cointelegraph

Published May 24, 2022 10:11PM ET

Updated May 25, 2022 12:00AM ET

Decentralized exchange (DEX) Uniswap has topped $1 trillion in total trading volume since launching on Ethereum in late 2018.

That comes from a relatively small user base however, indicating there is a lot of potential growth to come. According to data from Uniswap Labs, which are major contributors to the development of the protocol and ecosystem, the DEX’s number of cumulative addresses hit around 3.9 million this month after just over three years.

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