TREE NEWS reports: Uniswap said v4 now handles nearly half of all trading volume on the protocol, with more than $44 billion processed over the past 30 days. V4 accounted for 49.90% of volume across Uniswap versions in that period, ahead of v3 at 44.90% and v2 at 5.20%.
Uniswap v4 Passes Half of Protocol Volume With $44B in 30 Days
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AI take
The migration to v4 crossing the halfway mark matters less as a milestone than as a signal about where liquidity depth and routing now concentrate, since v3 held that role for years. The practical effect is that hook-based pools and their integrators increasingly set the terms for Uniswap execution, which shapes what builders target first. Whether v4 keeps absorbing share from v3, or the two settle into a stable split, is the open question worth tracking.
Generated by AI for reference only.
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