Uniswap captures 47% of stablecoin DEX volume as Aerodrome tokenized stocks hit $2B
- —Uniswap V3 and V4 handled $76.2 billion of the $161.4 billion in stablecoin DEX volume over 30 days
- —Uniswap's share stands at 47.2%, with PancakeSwap second at 8.7%
- —USDC accounted for 52.1% of stablecoin trading volume
- —Coinbase tokenized stocks on Base's Aerodrome hit $2 billion, with the second $1 billion taking half the time
Why it matters: Uniswap's dominance and Aerodrome's tokenized-equity milestone show liquidity concentrating in a handful of protocols and chains, shaping where issuers and traders go next.
Source: AMBCrypto