Prolonged DeFi Slump Impending? Uniswap Volume Drops 83% Since Peak

Prolonged DeFi Slump Impending? Uniswap Volume Drops 83% Since Peak

The decentralized finance (DeFi) market is slumping as large-cap tokens like Uniswap (UNI), Yearn.finance (YFI), and Maker (MKR) decline. Atop the lackluster performance of major tokens, the volume of the Uniswap decentralized exchange has substantially dropped. On September 1, when Uniswap surpassed Coinbase Pro in daily volume, it processed $953.59 million of volume in 24 […]


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