News
06 August 2020

Uniswap total website visits grew 15x in July

Uniswap experienced a record-setting month this past July on multiple accounts. On July 27 Uniswap trading volume reached $120 million and the decentralized exchange saw nearly day-over-day growth of liquidity provided to the platform.

Additionally, people are searching for Uniswap like never before. Uniswap went from 90,000 visits on June 20, 2020 to 1.42 million on July 20, 2020. Uniswap trade volume and liquidity for those same dates also grew significantly.

Uniswap volume 7x over the same timespan - June 20th: $6.2m - July 20th: $43.7m

Liquidity on the DEX doubled - June 20th: $37.5m - July 20th: $86.6m Currently, Uniswap V2 and V1 have combined liquidity of over $200 million and a shared trading volume of $67 million, although most now come from Uniswap V2.

Uniswap V2 continues to undergo a successful transition of volume and liquidity which is not a given in a decentralized world. Uniswap is experiencing breakout velocity of the rocket ship variety. If last month's numbers – in searches, volumes, or liquidity – continue at even a fraction of the pace, Uniswap is primed to have a sweeping end to the quarter and an even wilder Q4 of 2020.

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