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Google Trends: Interest in Uniswap Approaches DeFi Summer Records

The number of searches for the word “uniswap” reached 87% of the September 2020 value. This time is associated with a boom in the decentralized finance sector.

According to The block, in comparison with the previous week, the indicator increased by 10.1% and continued to grow steadily since the beginning of the year.

Data: The Block.

Uniswap turnover in February made up $ 31.8 billion. Trading volume on decentralized exchanges rose by 27% to a new all-time high of $ 61.78 billion.

Ranked DEX by DeFi Pulse Uniswap platform with an indicator of $ 3.94 billion is on the third line, behind TVL SushiSwap and Curve Finance.

Data: DeFi Pulse.

Recall that in March the UNI token of the Uniswap decentralized exchange entered the top 10 by capitalization among the assets of the cryptocurrency market.

What is Uniswap?

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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