Uniswap trading volume has already surpassed the total of the NYSE and Cboe BZX, and while the NYSE’s parent company currently has a market cap of $85 billion, UNI only has a market cap of $8 billion.
The verdict is clear.
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ARK Analyst: Uniswap’s August Transaction Count Exceeds Cboe BZX and NYSE American
According to a report by Odaily Planet Daily, ARK analyst Lorenzo Valente said in a post on X that Uniswap completed about 140 million transactions in August this year. The number of trades exceeded the combined total of Cboe BZX and NYSE American. NYSE American has been operating since 1908, while Uniswap was launched in 2018; five years ago, Uniswap’s monthly transaction count was only around 2 million.
Valente said that in terms of the number of transactions, Uniswap’s next phase will need to catch up to NYSE Arca, which completed about 232 million transactions in August.
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