Uniswap Trading Volume Surges on Tokenized Stocks
Uniswap's trading volume for tokenized stocks has increased by $325.2 million in the latest week, driven mainly by version 4 and version 3 of its protocol.
Token Terminal data shows that Uniswap v4 contributed $170 million to this increase, while Uniswap v3 added $155.2 million.
This surge in trading volume is part of a broader trend, with tokenized stocks now accounting for more than 4% of decentralized exchange (DEX) spot activity year-to-date, up from about 0.1% one year earlier.
The increase is also reflected in the third quarter's volume totals, which have already reached $7.8 billion across decentralized exchanges.