Decentralized cryptocurrency exchange Uniswap reaches $ 1 billion in trading volume

The decentralized exchange Uniswap reported that the trading volume on the platform reached a record high and exceeded $ 1 trillion.

«We have given access to the world of decentralized finance to millions of people, providing them with an honest and completely non-custodial way to trade,» the statement said.

«We would never have been able to achieve these results without the amazing community that continues to work with us,» Uniswap added.

According to The Block Research, the platform is the leader in terms of trading volumes among decentralized exchanges and holds 42.48% of the market. DEX PancakeSwap is in second place (17.21%), and SushiSwap is in third place (5.47%).