Uniswap Monthly Trading Volume Nears $100 Billion in May 2025, Signaling DeFi Resurgence

Uniswap, a leading decentralized exchange (DEX), recorded a monthly trading volume nearing $100 billion in May 2025, according to data from blockchain analytics platform Token Terminal. This significant surge places the platform's trading activity close to its all-time highs, underscoring a robust resurgence in decentralized finance (DeFi) markets.

The notable increase in volume was highlighted by Token Terminal, which stated on social media, "> Monthly trading volume on @Uniswap was close to all-time highs in May '25." This metric is crucial as it directly correlates with the fee revenue generated by Uniswap, which benefits its liquidity providers and token holders.

The impressive trading figures coincide with a broader positive sentiment across the DeFi sector, partly fueled by recent statements from the U.S. Securities and Exchange Commission (SEC). The SEC indicated that DeFi platforms might receive exemptions from certain regulatory constraints, sparking discussions of a "DeFi Summer 2.0" and renewed investor confidence.

Uniswap's native governance token, UNI, has also experienced a substantial price rally, with its value increasing by over 24% in a single trading session. This price movement is directly linked to the heightened platform usage and the resulting increase in fee generation, reinforcing the connection between protocol activity and token performance.

Analysts are closely monitoring Uniswap's sustained activity, as the platform continues to be a cornerstone of the decentralized trading ecosystem. The consistent growth in trading volume since early 2024, particularly the near-$100 billion mark in May, suggests strong user interest and a potential for continued upward momentum in the DeFi space.