Uniswap (UNI) has seen significant trading volume growth in the DEX space, reaching over $2.2 trillion cumulatively by March 18, 2025. Its liquidity pools, powered by the AMM model, ensure constant liquidity, with V3 pools holding a 46.5% share of DEX volume. Daily trading averages $2.1 billion since Q3 2024, reflecting robust adoption. User data shows 16.6 million unique addresses, driven by low fees and integrations like Unichain. Despite competition from Jupiter, Uniswap’s liquidity depth and user base solidify its dominance, though perps integration could challenge its lead.