{"id":26688,"date":"2020-07-31T12:51:37","date_gmt":"2020-07-31T09:51:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26688"},"modified":"2025-08-26T15:57:23","modified_gmt":"2025-08-26T12:57:23","slug":"uniswaps-daily-trading-volume-tops-the-combined-gemini-poloniex-and-binance-us","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/uniswaps-daily-trading-volume-tops-the-combined-gemini-poloniex-and-binance-us\/","title":{"rendered":"Uniswap&#8217;s daily trading volume tops the combined Gemini, Poloniex and Binance US"},"content":{"rendered":"<p>By daily trading volume, the decentralized exchange Uniswap surpassed Gemini, Poloniex and Binance US combined, reaching one third of Coinbase\u2019s turnover. The information was reported by entrepreneur and trader Qiao Wang.<!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Uniswap did $126M volume last 24 hours. This is 1\/3 of Coinbase. 1\/2 of Kraken. More than Gemini, Polo, and Binance US combined.<\/p>\n<p>Pretty incredible TBH.<\/p>\n<p>\u2014 Qiao Wang (@QWQiao) <a href=\\\"https:\/\/twitter.com\/QWQiao\/status\/1288994534454689803?ref_src=twsrc%5Etfw\\\">July 31, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The daily trading volume on the exchange surpassed $123 million. This is 52% of the total turnover of decentralized platforms, according to <a href=\\\"https:\/\/explore.duneanalytics.com\/public\/dashboards\/c87JEtVi2GlyIZHQOR02NsfyJV48eaKEQSiKplJ7\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">Dune Analytics<\/a>.<\/p>\n<p>Fifty-three percent of Uniswap&#8217;s volume comes from two tokens: Antiample and Ampleforth. The former rose 229% in the last 24 hours, while Ampleforth fell 65% over the week, according to <a href=\\\"https:\/\/www.coingecko.com\/ru\/\u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u044b\/ampleforth\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">CoinGecko<\/a>.<\/p>\n<p>Total trading volume on decentralized exchanges rose 67% over the week.<\/p>\n<div id=\\\"attachment_106079\\\" style=\\\"width: 1253px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-106079\\\" class=\\\"wp-image-106079 size-full\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/grafi.png\\\" alt=\\\"\u041e\u0431\u043e\u0440\u043e\u0442 Uniswap \u043f\u0440\u0435\u0432\u044b\u0441\u0438\u043b \u0441\u0443\u043c\u043c\u0430\u0440\u043d\u044b\u0439 \u043f\u043e\u043a\u0430\u0437\u0430\u0442\u0435\u043b\u044c Gemini, Poloniex \u0438 Binance US\\\" width=\\\"1243\\\" height=\\\"613\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/grafi.png 1243w, https:\/\/u1f987.com\/wp-content\/uploads\/grafi-300x148.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/grafi-1024x505.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/grafi-768x379.png 768w\\\" sizes=\\\"auto, (max-width: 1243px) 100vw, 1243px\\\" \/><\/p>\n<p id=\\\"caption-attachment-106079\\\" class=\\\"wp-caption-text\\\">Source: <a href=\\\"https:\/\/explore.duneanalytics.com\/public\/dashboards\/c87JEtVi2GlyIZHQOR02NsfyJV48eaKEQSiKplJ7\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">Dune Analytics<\/a>.<\/p>\n<\/div>\n<p>Wang noted that the rise in trading volumes signals a growing popularity of decentralized exchanges. He added that the number of users of such exchanges is already comparable to the number of people trading on centralized platforms.<\/p>\n<p>Earlier in July, Uniswap was flooded with fake tokens from well-known projects, a consequence of lax listing practices on the exchange.<\/p>\n<p>Subscribe to ForkLog&#8217;s <a href=\\\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">YouTube<\/a> channel!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decentralized exchange Uniswap, by daily trading volume, surpassed Gemini, Poloniex and Binance US combined, reaching one third of Coinbase\u2019s turnover. The information was reported by entrepreneur and trader Qiao Wang.<\/p>\n","protected":false},"author":1,"featured_media":26689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"Uniswap's daily trading volume tops the combined Gemini, Poloniex and Binance US.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,1145,1391],"class_list":["post-26688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-market-analysis","tag-uniswap-uni"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"","short_excerpt":"Uniswap's daily trading volume tops the combined Gemini, Poloniex and Binance US.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=26688"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26688\/revisions"}],"predecessor-version":[{"id":26690,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26688\/revisions\/26690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26689"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=26688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=26688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=26688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}