Uniswap processes over $70B in monthly volume, surpassing next three DEXs combined

Uniswap moved $70.6 billion in trading volume over the past 30 days, a figure that eclipses the combined output of its three closest competitors. To put that in perspective, PancakeSwap, BisonFi, and Meteora together managed roughly $44.6 billion in the same period. Where the volume is coming from Robinhood Chain contributed approximately $26 billion to Uniswap’s monthly volume, making it the protocol’s single largest source of trading activity. Ethereum came in second at roughly $23 billion. Base, BSC, and Arbitrum rounded out the remaining share. PancakeSwap, which operates primarily on BNB Chain, recorded about $29.8 billion in 30-day volume. BisonFi came in at $8.9 billion, while Meteora and Raydium each clocked approximately $5.9 billion. A protocol approaching $3.7 trillion in lifetime volume Uniswap’s cumulative trading volume now sits near $3.7 trillion since its launch in 2018. Cumulative fees have reached approximately $5.1 billion as of early August. The protocol averaged $51.1 billion in monthly volume from January through July this year. The $70.6 billion figure for the most recent 30-day window represents a roughly 38% jump above that average. Late August saw 28.9 mil...