Decentralized exchange Uniswap set a new weekly volume record on Tuesday, posting $10bn exchanged over the past week.
The results follow several months of strong performance for decentralized finances (DeFi) which has led to numerous benefits for the crypto sector.
Uniswap, which trades several dedicated crypto gambling tokens along with mainstream cryptocurrencies such as Bitcoin, Ethereum, USDT and other established and trusted altcoins, saw a 25.7% increase in volumes.
The news was shared by company CEO Hayden Adams who tweeted that Uniswap expects to process at least $500bn in 2021.
The ambitious goal positions Uniswap as one of the most popular and busiest crypto exchanges currently on the market. Uniswap enables customers to explore trading pairs as well as tap into related DeFi services.
Specifically, Uniswap makes a point of focusing on up-and-coming projects that are not readily available on similar exchanges, such as Coinbase, Kraken or Binance, giving Uniswap customers an edge in identifying early investment opportunities.
While fees proved to be a bit of a pest to newcomers, the crypto exchange remains a trusted and preferred option for people looking to break into the DeFi space and spot a project that holds sufficient promise.
Anyone looking to trade tokens to fuel their crypto gaming experience will find Uniswap a worthwhile option. Players are welcome to then visit Bitcasino, 1xBit or FortuneJack for a truly worthwhile crypto gaming experience.