Four months after its introduction, Uniswap X volume reached $1 billion.
Uniswap X's total trading volume has surpassed the $1 billion mark, according to information from Dune Analytics. Based on the Dune Panel, the milestone would be impossible if not for the contribution of market makers Tokka Labs and Wintermute.
A market maker is an individual or entity involved in providing liquidity to the market. In return, the market maker earns profits from buying and selling.
The Uniswap [UNI] team launched Uniswap X in July. The mission of the permissionless trading protocol was to provide trading services across different Automated Market Makers (AMMs) and liquidity providers.
