2 years ago
The decentralized speech Uniswap announced connected March 11 it had deed its highest regular measurement ever — totaling $11.84 billion.
The speech much than doubled its all-time precocious successful November 2021 — marking a important milestone for the decentralized protocol, according to Dune analytics.
@Uniswap astatine astir $12b successful regular volume, hitting 11 digits for the archetypal clip ever!!!
I don't often tweet measurement milestones anymore but that's implicit 5% of Nasdaq https://t.co/ZUszhiUNPu
— hayden.eth (@haydenzadams) March 12, 2023
Uniswap measurement spike
Trading connected the Uniswap protocol was led by the USDC de-pegging lawsuit that took spot implicit the play pursuing the illness of Signature, Silvergate and Silicon Valley Bank.
On March 12, Treasury Secretary Janet Yellen went connected CBS’s Face the Nation to code the challenges facing the fiscal system.
“Let maine beryllium wide that during the fiscal crisis, determination were investors and owners of systemic ample banks that were bailed retired […] and the reforms that person been enactment successful spot means we are not going to bash that again.”
In effect to these events, the Circle-issued stablecoin USDC concisely de-pegged from its $1.00 people implicit the weekend.
USDC pools for wrapped ether (WETH), tether (USDT), and dai (DAI) processed $15 cardinal successful measurement implicit a seven-day play — with the bulk occurring betwixt March 10 and March 12, according to Dune Analytics.
The station Decentralized speech Uniswap hits grounds single-day volume appeared archetypal connected CryptoSlate.
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