Uniswap maintains a leading position among decentralized exchanges (DEXs), consistently dominating trading volume. In 2023, it held a 64.6% market share, with volumes exceeding $100 billion in October alone. Recent data from 2025 shows it recorded $8.29 billion weekly, trailing only PancakeSwap. Its cumulative volume surpassed $2 trillion, driven by innovations like V3 and V4 upgrades. User growth is notable, onboarding millions to DeFi, though exact figures are less clear—only 3.9 million addresses used it by 2022. Uniswap’s liquidity and accessibility solidify its top-tier status.