Uniswap sets new record! 🎉 The leading DEX platform recorded its highest monthly trading volume on Ethereum’s Layer 2 solution. Data from Dune Analytics shows Uniswap saw $38 billion in trading activity across major L2 networks like Base, Arbitrum, Polygon, and Optimism. This surpassed its previous record in March by $4 billion.

- Arbitrum led the way with $19.5 billion in volume, followed by Coinbase-incubated Base network with $13 billion.

- DeFi is making a comeback, with interest in assets and stablecoins growing.

Arthur Cheong of Defiance Capital compared the rise of DeFi to the European Renaissance, calling it a major shift in the global financial landscape. DeFi offers more democratic and efficient financial access, as well as a trustless, 24/7 financial ecosystem.

What do you think about the future of DeFi? Let’s discuss in the comments!