Uniswap hits $38bn monthly trading volume high
Uniswap's monthly volume reached $38 billion in November, up nearly 50 per cent from October and surpassing the previous record of $34 billion, with Arbitrum contributing the most at $19.5 billion.Uniswap's fees totalled $5.44 million, placing it sixth in the DeFi protocol. Its token, UNI, rose more than 44 per cent this week to a market capitalisation of $7.7 billion, reflecting DeFi's recovery and increased on-chain activity.
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