Uniswap’s volume skyrockets: Uniswap hit $38 billion in trading volume, up from $20.32 billion in October. This increase was largely due to Ethereum’s Layer-2 solutions, which enhance trading efficiency. Platforms such as Arbitrum, Base, and Polygon significantly boosted volumes, with Arbitrum alone contributing $19.5 billion.

UNI token sees MAJOR gains: Uniswap’s token UNI grew by 85% in two weeks, reaching $12.84. The surge underscored strong investor confidence and a market cap rise to $9.8 billion. Increased DeFi interest and efficient Layer-2 capabilities make decentralized exchanges like Uniswap more appealing, driving UNI demand.