Uniswap v4 and v3 capture 47.2% of $161.4 billion in stablecoin DEX volume

Uniswap v4 and v3 captured 47.2% of $161.4 billion in stablecoin DEX volume, underscoring its dominance in onchain finance. This concentration impacts trader strategies and liquidity dynamics, as Uniswap remains the primary venue for stablecoin swaps. The data highlights Uniswap's critical role in the decentralized exchange ecosystem.