Uniswap Trading Volume Surges as Tokenized Stocks Gain Momentum

The decentralized exchange (DEX) trading volume on Uniswap has seen a significant increase of $325.2 million in the latest week, with version 4 contributing $170 million and version 3 adding $155.2 million.

This growth comes as tokenized stocks have surpassed 4% of year-to-date DEX spot activity, up from around 0.1% one year ago. The third quarter has already seen a total volume of $7.8 billion in decentralized exchanges.

Uniswap v4 and PancakeSwap v3 generated approximately $5.2 billion, or two-thirds of tokenized stock DEX volume during Q3 so far. This figure represents a significant share of the quarter-to-date totals.