Uniswap posted $71.1 billion in trading volume over the past 30 days, securing its position as the leading decentralized exchange by a substantial margin. The total exceeded the combined output of the three next-largest platforms, according to data tracked by major on-chain analytics services.

PancakeSwap ranked second with $29.8 billion in the same period, leaving a gap of more than $41 billion. Other significant venues trailed further behind, underscoring the concentration of activity on Uniswap.

Volume Breakdown and Network Reach

Weekly figures showed Uniswap handling more than $21.3 billion in trades, equating to roughly $2 billion per day on average. The protocol operates across more than 40 blockchains. Ethereum continues to account for a major share of total value locked, while networks including Base, Arbitrum, BNB Chain, Polygon and Robinhood Chain contribute meaningful portions of transaction flow.

Robinhood Chain has emerged as a particularly active venue, with daily decentralized exchange volume reaching $1.35 billion on one recent day and Uniswap accounting for a sizable portion of that activity.

Version 4 of the protocol generated approximately $38 billion of the 30-day total. Version 3 contributed about $32 billion, and version 2 added $1.2 billion.

Protocol Revenue and Fee Mechanisms

Uniswap generated $28.2 million in protocol earnings from January through July 2026, drawn from $297.9 million in user trading fees. June marked the highest monthly figure at $5.3 million. By early August, cumulative revenue since fee activation had reached $29.8 million.

A governance proposal extended the fee structure to version 4 liquidity pools across seven blockchains beginning in July. Daily protocol earnings subsequently rose from about $114,000 to $325,000. Collected fees accumulate in TokenJar smart contracts. UNI holders may burn tokens through the Firepit mechanism to claim corresponding shares of those fees. A separate treasury burn of 100 million UNI has also taken place.

Approximately 623 million UNI tokens remain in circulation, corresponding to a market capitalization near $3.85 billion. The pace of supply reduction through burns has remained modest relative to the overall token supply.

UNI Token Performance

UNI traded near $6.21 on September 13, marking a decline of about 2 percent from the prior session. Intraday prices ranged between $6.17 and $6.55. Separate market data placed the token around $6.26 with a 24-hour decline of roughly 1.3 percent, a market capitalization near $3.9 billion and total value locked of approximately $3.67 billion.

The sustained volume levels demonstrate continued preference among traders for Uniswap’s liquidity pools across supported networks, even as the native token experienced limited near-term price movement.