Uniswap has become the first decentralized exchange (DEX) to achieve a cumulative trading volume of $3 trillion.
According to Dune Analytics, Uniswap’s trading volume reached $62.3 billion over the past week, while PancakeSwap, in second place, recorded $15.36 billion.
The leading platform in the EVM space accounted for 67.7% of the total value of transactions.
Uniswap ranks 10th in the TVL ranking with a figure of $5 billion.
The platform’s market capitalization stands at $4.28 billion. Over the past seven days, the price of the native token UNI has increased by nearly 40%, while it has remained almost unchanged on an annual timeframe.
On May 12, Uniswap founder Hayden Adams announced the integration of EIP-7702 support into the project’s wallet “with the goal of one-click token swaps.”
EIP-7702 enabled wallets to function as smart contracts. This allows for gasless transactions through payments and batch approval of operations in one click, simplifying user interaction with the interface.
In May, Uniswap added support for the L2 solution Soneium from Sony’s blockchain division.
In March, the DEX community voted on two governance proposals to fund new Uniswap Foundation funds with approximately $172 million in UNI.
