With a 24-hour volume often higher than that of Coinbase, Uniswap’s $100 billion milestone is a major step forward in the decentralized economy.
Uniswap is the first decentralized exchange to hit the milestone. The automated market maker has grown at a staggering pace over the last year, now sitting just short of $4 billion in total value locked. Last month, it hit $20 billion in monthly volume for the first time.