The founder of a non-centralized exchange exchange, Hayden Adams via a tweet on Twitter @haydenzadams announced that the average trading volume has recorded a record of over $ 100 billion.
The announcement was made today; "@Uniswap has become the first centralized trading platform (DEX) to process over $ 100 billion - a historic record for DeFi".
🦄 @Uniswap just became the first decentralized trading platform to process over $ 100b in volume - an exciting milestone for DeFi 🚀 pic.twitter.com/hUoM36aG6A
- Hayden Adams 🦄 (@haydenzadams) February 15, 2021
Last month, trading volume at Uniswap recorded $ 20 billion before breaking the record by 12 digits, making the record less than $ 4 billion in total value locked (TVL).
In fact, trading volume on the platform for a period of 24 hours often outperforms the volume on some large centralized exchanges such as Coinbase.
For the record, Uniswap operates on Ethereum and is known as the ‘blue chip’ for the developing DeFi ecosystem.
Interestingly, Unisocks now offers more than one Bitcoin value!
Unisocks launched limited to only 500 SOCKS tokens in 2019 and sold depending on its supply (bonding curve).
Each SOCKS token can be redeemed for a pair of Unisocks which has a total of 314 in the cycle.
Adams also informed that the SOCKS price now surpassed $ 50,000 yesterday before jumping to over $ 64 billion at the time of writing.
