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Altcoins & DeFi

Uniswap crossed $20B in tokenized stocks – But UNI is still 24% below September

Image: AMBCrypto

In the past 24 hours, Uniswap [UNI] became the talk of the town for all the good reasons. According to reports, the altcoin surpassed $20 billion in cumulative trading volume for tokenized stocks. Naturally, this record trading volume placed Uniswap at the top among decentralized exchanges (DEXes) in terms of stock-token trading activity, indicating its growing role in the tokenization of traditional financial markets. Uniswap steals the spotlight Meanwhile, the platform has also recorded significant growth in tokenized commodity trading. Over the past 24 hours, Uniswap led DEXes as it added $19.4 million in trading volume. This was approximately 35 times the growth recorded by Aerodrome, which ranked second.

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