Uniswap hits $38bn monthly trading volume high
Uniswap's monthly volume reached $38 billion in November, up nearly 50 per cent from October and surpassing the previous record of $34 billion, with Arbitrum contributing the most at $19.5 billion.Uniswap's fees totalled $5.44 million, placing it sixth in the DeFi protocol. Its token, UNI, rose more than 44 per cent this week to a market capitalisation of $7.7 billion, reflecting DeFi's recovery and increased on-chain activity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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The US Dollar Index rose by 0.49%, closing at 97.349.
The Dow Jones Index closed up by 123.92 points, with both the S&P 500 and Nasdaq also rising.
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