Tokenized stocks generated $20.9B in DEX trading volume over the past 30 days
Uniswap v4 led with 40.7% market share, followed by v3 at 19.4%
Together, the two versions accounted for 60.1% of the total, or ~$12.6B
DeFi knows the Pink Unicorn.
Uniswap launched in 2018 and became the template DeFi has copied. Hundreds of forks later, the original still ranks first among 1,713 tracked DEXs by TVL, volume, and more.
@Uniswap's full record now lives on DefiLlama.
Deep onchain liquidity from day one on a permissionless venue anyone can build on.
This is why we choose @uniswap as our primary onchain liquidity venue for this launch
Uniswap is the number one venue onchain for tokenized gold
It's why @PaxosLabs chose Uniswap as the liquidity layer for their new launch
Deep markets from day one
Open @Uniswap LP positions on @arc went from a handful pre-launch to 168,311 today.
Uniswap has also captured 97.7% of all protocol-level fees generated on Arc ($3.59M) while pulling in $463.65M in swap volume.
Looks like liquidity found its arc.
Uniswap led tokenized stock DeFi TVL growth over the past 30d
Value deposited into V4 increased by $54.7M and V3 by $28.1M, for $82.8M combined
Tokenized stocks are expanding beyond issuance into active use across DeFi
Uniswap isn’t just for certain kinds of assets. It’s an expressive platform for all assets and everything is going onchain.
As Hayden puts it: “People underestimate programmable finance in the form of tokens.”
We get into what that future looks like in the latest episode of The Crypto Tape.