Uniswap Sees Record Monthly Volume on L2s

Krutika Adani

Uniswap Breaks Records

Monthly volume on Ethereum Layer-2 networks soars to unprecedented levels as DeFi demand resurges.

$38 Billion Volume

Uniswap achieved a record $38 billion in November across L2 networks like Base, Arbitrum, Polygon, and Optimism—surpassing its previous high by $4 billion.

Arbitrum Leads the Pack

Arbitrum: $19.5 billion

Base: $13 billion

Uniswap thrives on these rapidly growing ecosystems.

What’s Driving the Growth?

Increased demand for stablecoins and assets, rising on-chain yields in the broader DeFi space, and Ethereum and DeFi tokens gaining momentum.

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