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Uniswap Reclaims DeFi Dominance With $1.6 Billion Worth Of Ethereum Locked In Following UNI Launch

Emily Mason

Summary: The total value locked in Uniswap has reached $1.6 billion worth of Ethereum, skyrocketing up 78.27% over the past 24 hours, DeFi Pulse data shows. The increased capital flow to the exchange comes following the launch of decentralized governance on Uniswap using the new UNI token. Uniswap is once again topping DeFi Pulse's ranking list ...

The total value locked in Uniswap has reached $1.6 billion worth of Ethereum, skyrocketing up 78.27% over the past 24 hours, DeFi Pulse data shows.

The increased capital flow to the exchange comes following the launch of decentralized governance on Uniswap using the new UNI token.

Uniswap is once again topping DeFi Pulse's ranking list with Aave and Maker trailing behind in second and third place. SushiSwap — a protocol which copied Uniswap's code and recently sucked over $800 million worth of liquidity from the exchange — sits in tenth place with $515.4 million locked in. SushiSwap is down 18.12% over the past 24 hours. 

By Emily Mason

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Link: Uniswap Reclaims DeFi Dominance With $1.6 Billion Worth Of Ethereum Locked In Following UNI Launch   [Copy]
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