Uniswap's Trading Volume Surges to $3 Billion Amidst SEC Scrutiny
In a remarkable display of resilience, Uniswap's average daily trading volume has surged to $3 billion over the past week, according to data from DefiLlama. From April 10 to April 15, the decentralized exchange (DEX) achieved an impressive daily trading volume of approximately $3.08 billion, marking a significant milestone in its operational history.
This increase in trading activity comes despite potential regulatory hurdles posed by the U.S. Securities and Exchange Commission (SEC). Notably, the DEX's trading volumes have remained robust, fluctuating between $2.6 billion and $3.9 billion in the last five days, indicating a steady user engagement despite the increased risk of legal challenges.
As of April 16, Uniswap reported a total value locked (TVL) of $6.62 billion and a market capitalization of $5.65 billion. However, the
First found on: Cryptonews from Coinatory
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