CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
  • Market Updates
  • BTC Analysis
  • ETH Analysis
  • XRP Analysis
  • Interviews
CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
Home » Crypto News » Uniswap All Time Volume Passes $50 Billion as Users Await v3

Uniswap All Time Volume Passes $50 Billion as Users Await v3

Author: Martin Young

Last Updated Dec 15, 2020 @ 05:50

There have certainly been a lot of milestones reached this year for the decentralized finance sector and Uniswap has met many of them, it’s latest being a huge volume figure.

Getting your audio player ready...

The total all-time trade volume for the Uniswap automated market maker has surpassed $50 billion according to protocol founder Hayden Adams.

Adams posted the major milestone adding that it has been split across 26,000 unique trading pairs.

🤯 Looks like @UniswapProtocol passed $50b in all time volume last week.

🧦 This is split across 26,000 unique trading pairs

🚀 Just need to do this 19 more times to hit 1 trillion pic.twitter.com/P4eQTnX4Aq

— Hayden Adams 🦄 (@haydenzadams) December 14, 2020

In an earlier tweet, Adams said that there was $420k per day gas spent trading on Uniswap which puts it on pace for $150 million per year just in gas fees. ETH Gas Station reports that Uniswap has had $12.7 million in gas usage over the past 30 days – the highest gas guzzler in the list.

He commented that a trillion dollars may not be out of the question and held a mini-poll to see when readers would think this may happen. Almost half of the 1,200 respondents thought Uniswap would hit a trillion dollars in cumulative volume in 2021.

Many of the reactions were congratulatory but several asked about the breakdown of ‘rug pulls’, fake tokens which are rife on the platform, and financial losses from that figure.

When Uniswap v3?

Another commonly asked question was when is Uniswap version 3 likely to make an appearance and be fully rolled out. The third iteration of the popular DEX has already appeared on Github in late September but it has yet to be deployed to the masses.

A number of features are expected such as dynamic trading fees, the ability to create trading pairs without having both sides of the market, and very low slippage tolerance levels. Optimistic Rollups are also likely to be implemented for Layer 2 scaling and high speed, low cost transactions on the Ethereum network.

The official launch is likely to be very soon though no concrete date has been announced by the team or founder.

DeFi TVL at All-Time High

Uniswap’s total value locked has increased by 2.6% over the past 24 hours to $1.37 billion according to Defipulse.com. This has placed it at fifth spot in the TVL list, just behind Aave. UNI prices were trading up 3.6% over the past 24 hours at $3.38.

The total figure for TVL is back to its all-time high of just shy of $15 billion marking a 2100% increase since the beginning of the year.

Maker retains the top spot with $2.67 billion in collateral lockup and a market share of 18%.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Tags: DeFi Uniswap
Enjoy reading? Share with your friends
Facebook Twitter LinkedIn Telegram

About The Author

Martin J. Young
More posts by this author

Martin has been writing on cybersecurity and infotech for over two decades. He has previous trading experience and has been covering developments in the blockchain and cryptocurrency industry since 2017. Contact Martin: LinkedIn

Join Our Community

FacebookX YouTubeTelegram


Editorials
How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

11 Best Meme Coins to Watch in June 2025

11 Best Meme Coins to Watch in June 2025

7 Best Meme Coin Presales to Watch in June 2025

7 Best Meme Coin Presales to Watch in June 2025

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

11 Best Crypto Presales to Consider in June 2025

11 Best Crypto Presales to Consider in June 2025

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

Join Our Newsletter
Become a CryptoPotato VIP
One Weekly Email Can Change Your Crypto Life.
Sign-up FREE to receive our extended weekly market update and coin analysis report
We NEVER send spam. You can unsubscribe at any time.
Invalid email address
Thanks for subscribing!
Footer Logo
About
Advertise on CryptoPotato
About Us | Contact Us | Careers
Editorial Policy
Terms of service | Privacy Policy | GDPR
More Sections
IEO List | Evaluations
Airdrops
Scholarship
Disclaimer
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
© Copyright CryptoPotato 2016 - 2025
Scroll to top
One Daily Email Can Change Your Crypto Life.

Sign-up FREE to receive our extended daily market update and coin analysis report

We never send SPAM. You can unsubscribe at any moment
Invalid email address
Thanks for subscribing!