Uniswap Surpasses Two Traditional Exchanges in Transaction Volume

Uniswap has surpassed two traditional exchanges in terms of transaction volume. In August, Uniswap completed approximately 140 million transactions, according to Lorenzo Valente, digital asset strategist at ARK Invest. This figure surpasses the combined total of Cboe BZX and NYSE American.

The comparison is particularly striking given that Uniswap launched in 2018 with a monthly transaction volume of roughly 2 million. In contrast, NYSE American has been around for over a century, tracing its origins to 1908. Despite this history, Uniswap's transaction volume has grown significantly.

The next traditional exchange ranked above Uniswap in transaction volume is NYSE Arca, which logged approximately 232 million transactions in August.