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CoinDesk 20 Performance Update: Uniswap (UNI) Drops 6.8% as Index Declines

  • On May 12, 2025, Uniswap made history by becoming the inaugural decentralized platform to exceed $3 trillion in cumulative trading activity, setting a new benchmark for the industry.
  • This milestone follows Uniswap's sustained monthly volumes over $150 billion and recent platform upgrades like Uniswap v4 and the Unichain Layer 2 launch.
  • The Ethereum Pectra upgrade on May 7 enabled support for EIP-7702, which Uniswap integrated to allow smoother one-click swaps and enhanced security.
  • Despite the volume milestone, UNI token remains down over 80% from its May 2021 peak near $45, though it surged 43% recently amid renewed investor optimism.
  • Uniswap's achievement highlights growing decentralized finance resilience and suggests DEXs are increasingly competitive with centralized exchanges amid evolving market conditions.
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Blockchain & Cryptocurrencies Tabloid broke the news in on Monday, May 12, 2025.
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