Uniswap’s monthly trading volume surged to $38 billion in November, an increase of nearly 50% from October, breaking the previous record of $34 billion and showing a significant increase in market activity. Arbitrum was a major contributor with a trading volume of $19.5 billion, becoming a key factor driving growth.

At the same time, Uniswap’s total handling fees reached US$5.44 million, ranking sixth among DeFi protocols, further proving its important position in the field of decentralized finance. Notably, its token UNI is up more than 44% this week, reaching a market capitalization of $7.7 billion, reflecting DeFi’s resurgence and increased on-chain activity.