Uniswap expands into decentralized trading for tokenized assets
Article excerpt
Uniswap became the main venue for decentralized RWA trading. The exchange emerged as the main venue for RWA swaps at the end of August and retained its influence in September. Uniswap carries more than 50% of DEX-based trading for real-world assets (RWAs). As Cryptopolitan reported, RWAs are expanding their representation on decentralized markets, with both spot trading and perpetual futures shifting to permissionless decentralized markets. While HIP-3 is the main venue for perpetual futures based on RWA, Uniswap has taken over spot volumes, starting in August. Recently, the DEX announced its trading reached 60% of DEX-based RWAs volume. During peak trading, Uniswap handled over $743M in RWA volumes as of September 4. Later, the volumes moved down to around $300M daily. Uniswap goes beyond a simple DEX, instead building an open financial system. Uniswap V4 and third-party deployments allow for the creation of specialized markets. Unichain is also increasing its influence as a trading venue. RWA trading also accelerated following the launch of a new wave of reflection tokens, often linked to tokenized stocks. This trend boosted the volumes for existing tokenization platforms. Uniswap benefitted from its connections to Robinhood Chain, as well as the exchange’s presence as part of the Robinhood ecosystem. Uniswap also taps volumes on Solana, Ethereum, Base, and other major...
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Uniswap already holds $3.59B in value locked while producing $14.9M in monthly revenues and generating over $182M in fees.
