Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Ethereum Whale loads up while Bitcoin consolidates – daring movement or a fall?

2025-05-24

Archer Hunter Partners with tilted on chain gaming on Sei

2025-05-24

Billionaire Bill Ackman collapses $ 1,039,000,000 in a single active in large portfolio shift: report

2025-05-24
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Archer Hunter Partners with tilted on chain gaming on Sei

    2025-05-24

    What is BNB chain Maxwell hardfork?

    2025-05-24

    Collect collaborations with Ecocreds to accelerate sustainability in chains

    2025-05-24

    Enjin Blockchain makes cross-chain stablecoin transfers possible with Hyperbridge

    2025-05-24

    Soonchain Partners with a decentralized calculation and AI -gaming

    2025-05-24
  • NFT

    NFT -turnover drops to $ 129.8 million, Avalanche Sales Surge 200%

    2025-05-24

    Alchemy acquires NFT Launchpad Heymint to speed up the development of Smart Wallet

    2025-05-23

    Delorean launches a car marketplace on the chains with Patrick Stewart

    2025-05-23

    Beratone NFT Avatars are now live on OpenSea

    2025-05-23

    Hashrate Hackers introduces Ordinals NFT collections supported by Bitcoin Hashrate

    2025-05-22
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Billionaire Bill Ackman collapses $ 1,039,000,000 in a single active in large portfolio shift: report

    2025-05-24

    ETH starts his climb to a milestone of $ 3K

    2025-05-24

    Hyperliquid’s market momentum pushes hype to new high

    2025-05-24

    According to economist and trader Alex Krüger, there is a new of all time for Bitcoin, but there is a catch

    2025-05-24

    Why the 50 EMA could contain the key

    2025-05-24
  • Learn

    Wat is circulerende levering in cryptocurrency?

    2025-05-23

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Uniswap dominates Polygon: A look at volume, TVL and UNI’s rollercoaster ride
Altcoins

Uniswap dominates Polygon: A look at volume, TVL and UNI’s rollercoaster ride

2023-09-12No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Journalist

Posted: September 12, 2023

  • Uniswap racks up 42% of trading volume on Polygon.
  • UNI has seen a slight uptrend after four days of downtrend.

Uniswap’s [UNI] recent update highlighted its achievement as the top Decentralized Exchange (DEX) regarding volume on the Polygon [MATIC] network. While this is certainly an impressive milestone, what has been the overall trading volume, particularly for its V3?


How much are 1,10,100 UNIs worth today


Uniswap leads in volume on Polygon

In a Uniswap post dated 11 September, the platform proudly announced its status as the leading Decentralized Exchange (DEX) on the Polygon network, boasting an impressive weekly trade volume of over $213 million. According to the DEX, this volume represented a substantial 42% share of the total trading activity on the Polygon network.

1/ Uniswap is the top DEX by volume on Polygon, with over $213m weekly trade volume 😮

That’s 42% of all trading volume on Polygon 🫢#ScalingSummer continues with @0xPolygonLabs. Time to check out the next @layer3xyz quest!https://t.co/UYDMRcF7iO

— Uniswap Labs 🦄 (@Uniswap) September 11, 2023

Furthermore, when examining the Total Value Locked (TVL) ranking of Uniswap’s DEX on Polygon, it was evident that the platform played a significant role. As of this writing, the V3 held a TVL of approximately $73 million on the Polygon network.

The TVL made it the third-highest contributor in terms of TVL among all participants on the Polygon network.

Analyzing the overall Uniswap volume and TVL

According to DefiLlama data, there was a noticeable uptick in Uniswap’s trading volume on 11 September. It reached a significant milestone by surpassing $1.1 billion in daily volume.

See also  This is why you don't have to be in a panic, because BTC price can return soon!

This marked a noteworthy achievement as it was the first time during the month that its daily trading volume had exceeded the $1 billion threshold. Until then, the highest recorded volume was approximately $902 million.

However, it’s worth noting that the Total Value Locked (TVL) on Uniswap displayed some signs of a downtrend. As of this writing, the TVL has reached over $3.1 billion.

Uniswap volume and TVL

Source: DefiLlama

Furthermore, DefiLlama’s data revealed that Uniswap V3 played a pivotal role in trading volume and TVL within the Uniswap ecosystem. As of this writing, Uniswap V3 boasted a TVL of over $2 billion. Also, it contributed significantly to the platform’s trading volume, which stood at over $990 million.

UNI sees little respite 

Over the past few days, Uniswap has experienced a consistent downtrend, as evident from its daily timeframe chart. During this period, it saw a decline in value exceeding 8% over four days. However, there has been a recent positive development. As of this writing, UNI was trading at approximately $4.1, reflecting a modest increase in value of more than 1%.

Uniswap daily timeframe price trend

Source: TradingView


 Realistic or not, here’s UNI’s market cap in BTC terms


The consecutive downtrends that Uniswap encountered initially pushed it deep into a bearish trend, a condition highlighted by its Relative Strength Index (RSI). The RSI indicated that UNI had entered the oversold zone.

Nevertheless, as of this writing, the RSI had risen slightly above this oversold threshold, largely attributed to the recent uptick.



Source link

Dominates Polygon ride rollercoaster TVL UNIs Uniswap Volume
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

$ 10 breakout or will Ozak AI surpass in 2025?

2025-05-24

Hype stumbles 9% discount on its ATH: But why Bulls may not have been done yet

2025-05-24

XRP -price flashes signal that in November 2024 activated 600% rally

2025-05-24

Tesla’s Bitcoin Stash Soars – how institutions form the future of BTC

2025-05-24
Add A Comment

Comments are closed.

Top Posts

Unique fair pricing model puts XRP price higher than Bitcoin, here’s how much

2023-11-02

Solana, XRP and one Ethereum rival lead institutional inflows in 2023: CoinShares data

2023-10-16

Ethereum Gas costs crash 70% to 4 years Lows-What drives the deep decrease?

2025-02-20
Editors Picks

Binance leaves Russia and enters into a deal to sell operations to a local company

2023-09-27

RWA Inc. Announces Strategic Partnership with Collably Network to Enhance the Tokenization Ecosystem

2024-05-29

Next quarter looks solid for Bitcoin and Altcoins, says analyst Kevin Svenson – here’s his outlook

2024-09-28

Lifeform Universal Domain Ecosystem collaborates with Polyhedra Network

2024-04-01
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Ethereum Whale loads up while Bitcoin consolidates – daring movement or a fall?

Archer Hunter Partners with tilted on chain gaming on Sei

Billionaire Bill Ackman collapses $ 1,039,000,000 in a single active in large portfolio shift: report

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$110,422.60-0.12%
  • ethereumEthereum(ETH)$2,651.881.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.420.78%
  • binancecoinBNB(BNB)$683.320.50%
  • solanaSolana(SOL)$180.372.50%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2425701.84%
  • cardanoCardano(ADA)$0.812.40%
  • tronTRON(TRX)$0.2731790.29%
  • suiSui(SUI)$3.82-5.40%
  • hyperliquidHyperliquid(HYPE)$35.0515.09%
  • chainlinkChainlink(LINK)$16.591.94%
  • avalanche-2Avalanche(AVAX)$24.963.88%
  • stellarStellar(XLM)$0.3003471.03%
  • shiba-inuShiba Inu(SHIB)$0.0000152.04%
  • bitcoin-cashBitcoin Cash(BCH)$437.635.60%
  • hedera-hashgraphHedera(HBAR)$0.2025991.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.86-0.04%
  • the-open-networkToncoin(TON)$3.130.01%
  • polkadotPolkadot(DOT)$4.912.42%
  • litecoinLitecoin(LTC)$99.771.73%
  • moneroMonero(XMR)$392.06-0.86%
  • bitget-tokenBitget Token(BGB)$5.789.96%
  • pepePepe(PEPE)$0.00001510.83%
  • piPi(PI)$0.79-4.78%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.06%
  • uniswapUniswap(UNI)$6.421.77%
  • bittensorBittensor(TAO)$458.95-2.84%
  • aaveAave(AAVE)$254.341.11%
  • nearNEAR Protocol(NEAR)$3.033.54%
  • aptosAptos(APT)$5.818.34%
  • ondo-financeOndo(ONDO)$1.011.19%
  • okbOKB(OKB)$52.83-0.29%
  • kaspaKaspa(KAS)$0.114524-0.41%
  • internet-computerInternet Computer(ICP)$5.612.68%
  • ethereum-classicEthereum Classic(ETC)$19.450.44%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.54-6.39%
  • gatechain-tokenGateToken(GT)$21.930.56%
  • render-tokenRender(RENDER)$5.164.81%
  • crypto-com-chainCronos(CRO)$0.0989160.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2494370.54%
  • vechainVeChain(VET)$0.0302161.31%
  • mantleMantle(MNT)$0.761.52%
  • ethenaEthena(ENA)$0.4169882.88%
  • worldcoin-wldWorldcoin(WLD)$1.5321.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.13%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9010.09%
  • arbitrumArbitrum(ARB)$0.4241670.99%
  • bitcoinBitcoin(BTC)$110,422.60-0.12%
  • ethereumEthereum(ETH)$2,651.881.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.420.78%
  • binancecoinBNB(BNB)$683.320.50%
  • solanaSolana(SOL)$180.372.50%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2425701.84%
  • cardanoCardano(ADA)$0.812.40%
  • tronTRON(TRX)$0.2731790.29%
  • suiSui(SUI)$3.82-5.40%
  • hyperliquidHyperliquid(HYPE)$35.0515.09%
  • chainlinkChainlink(LINK)$16.591.94%
  • avalanche-2Avalanche(AVAX)$24.963.88%
  • stellarStellar(XLM)$0.3003471.03%
  • shiba-inuShiba Inu(SHIB)$0.0000152.04%
  • bitcoin-cashBitcoin Cash(BCH)$437.635.60%
  • hedera-hashgraphHedera(HBAR)$0.2025991.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.86-0.04%
  • the-open-networkToncoin(TON)$3.130.01%
  • polkadotPolkadot(DOT)$4.912.42%
  • litecoinLitecoin(LTC)$99.771.73%
  • moneroMonero(XMR)$392.06-0.86%
  • bitget-tokenBitget Token(BGB)$5.789.96%
  • pepePepe(PEPE)$0.00001510.83%
  • piPi(PI)$0.79-4.78%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.06%
  • uniswapUniswap(UNI)$6.421.77%
  • bittensorBittensor(TAO)$458.95-2.84%
  • aaveAave(AAVE)$254.341.11%
  • nearNEAR Protocol(NEAR)$3.033.54%
  • aptosAptos(APT)$5.818.34%
  • ondo-financeOndo(ONDO)$1.011.19%
  • okbOKB(OKB)$52.83-0.29%
  • kaspaKaspa(KAS)$0.114524-0.41%
  • internet-computerInternet Computer(ICP)$5.612.68%
  • ethereum-classicEthereum Classic(ETC)$19.450.44%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.54-6.39%
  • gatechain-tokenGateToken(GT)$21.930.56%
  • render-tokenRender(RENDER)$5.164.81%
  • crypto-com-chainCronos(CRO)$0.0989160.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2494370.54%
  • vechainVeChain(VET)$0.0302161.31%
  • mantleMantle(MNT)$0.761.52%
  • ethenaEthena(ENA)$0.4169882.88%
  • worldcoin-wldWorldcoin(WLD)$1.5321.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.13%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9010.09%
  • arbitrumArbitrum(ARB)$0.4241670.99%