The Uniswap protocol reached a new all-time high (ATH) in monthly trading volume on the Base network, hitting $15.65 billion in January 2025. This marks the third consecutive month of record-breaking trading volumes for Uniswap on Base.
Uniswap previously set ATHs in November and December 2024, further solidifying its position as one of the largest decentralized exchanges (DEXs) globally. In total, Uniswap has processed over $1 trillion in cumulative trading volume.
What’s Driving Uniswap’s Growth on Base?
Trading volumes on Uniswap’s Base deployment, the native network of Coinbase, continue to surge. The three main categories of assets driving this growth are:
✅ Memecoins
✅ AI agent tokens
✅ Coinbase Wrapped Bitcoin (cbBTC)
Memecoins have become some of the best-performing assets this cycle. While Solana remains the primary hub for high-risk traders, Base is holding strong with stable trading volumes. Additionally, its growth is supported by the intersection of AI and memecoin narratives.
One of the top-performing tokens of the month, Virtual Protocol’s VIRTUAL, is currently trading at $2.05 and has seen:
🔹 Monthly trading volume: $6.6 billion
🔹 Total trading volume: $12.2 billion
VIRTUAL is closely tied to Ethereum and USDC, both of which are critical assets for DeFi activity on Base.
USDC Dominance on Base
Stablecoin USDC has become the dominant asset on Base, particularly after Coinbase delisted USDT in Europe to comply with the European Union’s MiCA regulations.
🔹 USDC Monthly Trading Volume: $5.5 billion
🔹 Fully Diluted Valuation (FDV): $53.1 billion
Meanwhile, Tether’s USDT had a weak January, with less than $59 million in total trading volume for the month.
cbBTC and AI Tokens Fuel Uniswap’s Momentum
In addition to memecoins, traders on Uniswap have been actively engaging with Coinbase Wrapped Bitcoin (cbBTC). Coinbase designed cbBTC as a DeFi-compatible version of Bitcoin, allowing users to participate in decentralized finance applications.
🔹 cbBTC FDV: $2.4 billion
🔹 Monthly Trading Volume: $695.95 million
Another AI token making waves on Base is AIXBT by Virtuals, which recorded $603 million in monthly trading volume.
Uniswap’s Expansion Drives Base Network Growth
The booming trading activity on Uniswap has significantly contributed to Base’s expansion, boosting network adoption. Currently:
✅ Base hosts over 500 decentralized applications (dApps)
✅ Daily active users have surpassed 2 million
Base originally launched as a network for NFTs and memecoin experiments, but it has evolved into a serious DeFi contender, as demonstrated by cbBTC’s rising popularity.
Some of the top applications on Base include:
🔹 Aerodrome
🔹 Morpho Blue
🔹 Uniswap
Morpho Blue has gained traction by offering crypto-backed loans, allowing Coinbase users to borrow against BTC collateral.
Another major boost for Base was its integration into Phantom Wallet, which helped onboard more users in Q4 2024.
Base Hits Record Numbers but Still Trails Solana
Base currently holds:
🔹 Total Value Locked (TVL): $3.5 billion
🔹 Monthly Trading Volume: Nearly $20 billion
However, Base still lags behind Solana, which also recorded record-breaking volumes throughout January 2025.
Uniswap: From 2018 Launch to Trillion-Dollar Volumes
Uniswap first launched in November 2018, quickly becoming a major player in DeFi. It benefited greatly from the bull run in 2021, experiencing explosive growth.
🔹 By 2022, Uniswap had processed over 50 million transactions.
🔹 In 2023, it recorded 180 million transactions.
🔹 In 2024, it broke its own record with over 300 million transactions.
Despite bear market conditions in previous years, Uniswap has remained stable and continues to be one of the largest decentralized exchanges in the world. 🚀

#UNI , #uniswap , #blockchain , #memecoin🚀🚀🚀 , #defi

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$UNI

Yello, Paradisers! Is #UNI about to start a bullish rally, or will another rejection send it tumbling lower? Let’s break down the latest #UNIUSDT setup:

💎#Uniswap is forming a falling wedge pattern on an 8-hour timeframe, a well-known bullish reversal structure. The recent bounce from the descending support and several liquidity sweeps at the descending support suggest buyers are stepping in, but the real test lies ahead. #UNI must break the above key resistance to confirm a trend shift.

💎The critical resistance zone sits at $14.8. A breakout above this level with strong momentum could trigger a sharp rally toward the $18–$20 range, where significant selling pressure may emerge. However, failure to clear resistance could lead to further consolidation inside the wedge or another pullback.

💎Support remains strong at around $10.1, with additional demand at $8.5. If # UNI holds above these levels, we could see a gradual push higher. The buyers have already tested these levels, and they held. You can watch for the strong volume and 50-EMA to confirm growing demand at these levels.

💎However, if a candle closes below the $8.5 support zone, it would invalidate the bullish scenario, exposing #UNIUSD to a potential drop toward the $7 region or lower.

Stay focused, patient, and disciplined, Paradisers🥂

$UNI
Talking About Blue-Chip DeFi… It’s
UNI
Time!
I think #UNI is the one ready to bring some serious X’s 👀

🔥 Perfect Fibonacci retracement – deep accumulation before liftoff!

🚀 Breakout is inevitable, just like the previous cycle!

🎯 Target 1: $21.359
🎯 Target 2: $26.204
🎯 Target 3: $31.554
Disclaimer:
The information provided here is intended for informational and educational purposes only. It does not constitute financial or investment advice. Always perform your own research before making any investment or trading decisions.#UNI #VVVonBinance #DeepSeekImpact #MicroStrategyAcquiresBTC