- Uniswap v4 swap volume exceeded $200 billion.
- This breakthrough has reignited interest in Uniswap.
- This update coincides with a more than 10% price increase for native UNI.
Cryptocurrencies posted significant gains on Monday after the US Senate voted to end the ongoing government shutdown.
UNI expanded its daily profit by more than 12% as Uniswap Labs celebrated an impressive breakthrough amid widespread optimism.
Team Protocol reported to X and confirmed that Uniswap v4 has handled over $200 billion in swap volume, making it one of the most active networks in the DeFi industry.
Notably, Uniswap released a version 4 upgrade in January this year to increase efficiency, reduce costs, and enhance developer activity through customized liquidity pools.
The sheer volume of swaps highlights the demand and interest in the past few months.
In the blink of an eye, Uniswap v4 swap volume has surpassed $200 billion pic.twitter.com/T2HW4xGXBo
— Uniswap Labs 🦄 (@Uniswap) November 10, 2025
The announcement coincided with UNI’s recovery.
Moreover, it sparked renewed interest in DEX. Timing is also important.
The $200 billion swap volume reflects Uniswap’s important role in decentralized trading as the overall crypto market regains momentum.
Enthusiasts react to increased activity
Decentralized exchanges are seeing renewed optimism from DeFi players and retail traders.
UNI’s surge coincides with an increase in trading volumes across major exchanges.
Uniswap’s open interest rose to $344 million after surging today, according to data from Coinglass.
Meanwhile, market watchers recognize the $200 billion milestone as a sign of a vibrant chain driven by demand, not just short-term statistics.
Strong swap volumes reflect active participation, stable liquidity, and confidence in Uniswap’s future.
A crypto enthusiast and an X user:
“While others talk about decentralization, Uniswap has quietly become the backbone of DeFi. $200 billion speaks louder than any story.”
What makes Uniswap v4 unique?
Uniswap’s v4 upgrade, released in January 2025, introduced important changes to the decentralized trading system.
For example, this version introduces hooks, a mechanism that allows developers to create liquidity pools with custom functionality.
This has welcomed innovations such as automated strategies, dynamic pricing, and streamlined user experiences.
Since its launch, V4 has gradually gained traction among liquidity providers and developers.
Meanwhile, the swap value exceeded $200 billion, confirming that the upgrade brought substantial improvements.
Uniswap’s growth remains noteworthy as the decentralized trading space sees stiff competition from perpetual DEXs like Hyperliquid and Aster.
The $200 billion swap volume shows the importance of this protocol amid changing preferences.
UNI price outlook
Uniswap’s native token traded in the green as the community cheered the $200 billion swap volume.
UNI rose from $6.40 to $0.78 in the past 24 hours, an increase of about 12%.
The stock is trading at $6.90 after adjusting from intraday highs, and the spike in trading volume indicates renewed enthusiasm.
While the swap volume milestone suggests a bright future for UNI, near-term performance will be driven by broader sentiment.
If the overall market recovery continues, the rally in alternatives could be prolonged, but sudden selling pressure could erase the rally.