DeFi
- Uniswap Wallet recorded a high of 20K unique users since its launch on Apr. 13.
- The token UNI observed spikes in price and trading volume — 1.4% and 7.7% respectively.
The popular DeFi crypto exchange Uniswap set in a significant milestone with its newly launched Uniswap Wallet. The protocol’s inventor and the famed “King of the DeFi Degens” Hayden Adams highlighted the record of the Wallet reserving its spot on the Top 75 finance applications in the United States.
.@Uniswap climbing the App Store rankings like SBF could never in league https://t.co/pFmRmb3W2j pic.twitter.com/TPi8dRQCVM
— hayden.eth 🦄 (@haydenzadams) May 3, 2023
As per the rankings of Apple’s App Store, Uniswap ranked 74th behind MoneyGram, a notable US P2P payment service provider. Regarding this, Hayden commented saying, “Uniswap climbing the App Store rankings like SBF could never in league.” He also highlighted the entry of 20K unique users on the DeFi wallet on Wednesday.
Stats of the Uniswap Ecosystem
The native cryptocurrency of the decentralized exchange (DEX) — UNI — exhibited a 24-hour price gain of 1.49% to trade at $5.34. On the other hand, the token’s trading volume spiked 7.73% to stand at a value above $39.5 million.
Uniswap (UNI) Price Chart (Source: TradingView)
According to the on-chain data of DefiLlama, Uniswap’s total value locked (TVL) hovered above $4.15 billion at press time. The TVL held by the versions of this DeFi platform are as follows: $8.17 million (v1), $1.21 billion (v2), and $2.93 billion (v3).
Furthermore, the DeFi protocol captured the crypto community’s attention by being one of the dominant liquidity pools for the viral memecoin PEPE.
