Gate.io Blog:From V1, V2 to V3, Why Is Uniswap Leading the DEX Market?
2021-05-29 07:03:57 UTC32150 views
According to CoinGecko’s data, total trading volume on decentralized exchanges still only accounts for 5% of centralized trading volume. As DeFi continues to expand, decentralized exchanges are likely to become increasingly popular in the future. Insiders are excited to see what new moves Uniswap will make to maintain its position in the market.
Uniswap V1 was created and released by former Siemens mechanical engineer Hayden Adams on November 2nd, 2018. An upgraded V2 was launched in 2020. Less than a year later, Uniswap saw another upgrade, with V3 in 2021. In February 2021, Uniswap became the first decentralized exchange in the world to surpass $100 billion in trading volume, asserting itself as the leader among decentralized exchanges.
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