Yield farming frenzy pushes Uniswap daily volume over $1 billion By Cointelegraph

Yield farming frenzy pushes Uniswap daily volume over $1 billion


Yield farming frenzy pushes Uniswap daily volume over $1 billion

A dramatic spike in yield farming activity associated with SushiSwap and similar protocols has seen Uniswap become the first decentralized exchange (DEX) to exceed $1 billion in 24-hour trade volume.

According to crypto data aggregator CoinGecko, Uniswap V2 is currently the third-largest exchange by normalized trade volume with $1.02 billion worth of ERC-20 tokens changing hands over the past day.

Defi Pulse has Uniswap at No.1

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