Uniswap Surpasses July Trading Volume in Under Two Weeks in August While ETH Fees Soars

Decentralized cryptocurrency exchange (DEX) Uniswap has surpassed its July trading volume figures merely less than two weeks into August, Coindesk reports, August 13. Uniswap DEX seems to be riding the bullish tides of the cryptocurrency market which reflects in its unprecedented trading volume figures.

According to data from Dune Analytics, in the past 24 hours, Uniswap reported $213 million in volume which accounts for over 60% of all DEX trading volume. Although Uniswap is witnessing huge user rush courtesy of the ballooning DeFi space, users are irked by the skyrocketing gas fee they are incurring on the Ethereum network.

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