Uniswap Hits 82 Swaps Per Second, Exceeding 7 Million Daily

Uniswap (UNI) has reached a swap frequency of approximately 82 swaps per second across all chains, with daily swap counts exceeding 7 million. Uniswap founder Hayden Adams recently stated that trading activity has hit an all-time high. Mark Aujan, a researcher at Blockworks, reported that Uniswap has experienced the most swaps over a two-day period in its history, with daily swaps surpassing 7 million. A swap refers to a transaction in which a user exchanges one token for another on a decentralized exchange, serving as a metric based on the number of transactions. This figure is the result of aggregating activity across multiple chains of the Uniswap protocol. It is significant for Korean investors that Uniswap is being utilized as a trading execution infrastructure across various chains beyond just Ethereum-based exchanges. However, the increase in swap counts may not necessarily lead to a rise in trading volume or changes in Uniswap's price. Even with an increase in small transactions, the number of swaps can rise, while revenue from fees and liquidity size can vary based on transaction amounts, pool structures, and fee conditions across chains. Recently, Uniswap has also gained attention for token trading based on the Robinhood chain and new chain liquidity deployments.

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