Uniswap led decentralized exchanges (DEXs) in stablecoin trading volume, recording $2.2 billion over the past 24 hours.

The figure measures dollar value traded, not a count of transactions. Uniswap lets users swap tokens through automated liquidity pools. A separate 30-day measure ending Oct. 12 put Uniswap v3 and v4 at $76.2 billion, or 47.2% of stablecoin trading across 35 DEXs. The two measures cover different periods and scopes.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].