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As part of an extensive analysis of the DeFi industry in Q2 '2021, Messari also focused on comparing the performance of specific DEXs where the popular Uniswap continues to reign.
In this regard, analysts have paid particular attention to the latest Uniswap V3 protocol, which was launched on the market only this May, but even in such a short time it managed to win a sovereign lead.
Uniswap V3 became the best DEX already during the first weeks, which was confirmed also later by the June volumes of almost $ 28 billion.
In terms of comparing all decentralized exchanges and their volumes, Uniswap V3 represents more than 40% of the total volume and continues to grow.