Uniswap, a decentralised finance (DeFi) crypto exchange, has recently hit another milestone with the launch of its Uniswap Wallet. The wallet fell within the top 75 ranking in the App Store within the United States, securing the 74th spot behind the well-known P2P money service provider, MoneyGram. After the ranking was announced, the platform's inventor and well-renowned "King of the DeFi Degens", Hayden Adams, tweeted of their achievement and compared to the most popular investor in the crypto field, Sam Bankman-Fried (SBF).

As per the statistics and information collected, Uniswap was able to consist of 20,000 unique users at its portal on Wednesday. The native cryptocurrency of the exchange; UNI, also swelled in volume with an upsurge in the prices and a market cap above the $5.34 figure. Its 24 hour trading volume shadowed the $39.5 million mark and slowly surged to an all-time high.

The total value locked (TVL) of the decentralised finance exchange hovered at above $4.15 billion at press time and its version's 1, 2 and 3 had a TVL of $8.17 million, $1.21 billion and $2.93 billion respectively. Apart from these strengths, the DeFi exchange also caught traction with its spotlight in the memecoin PEPE, thus making it a main cryptocurrency liquidity pool.

All in all, the DeFi exchange, Uniswap has certainly made way for itself with its new Uniswap Wallet, gaining traction among the masses and successfully surpassing the ranks of MoneyGram. The massive surge in 24 hour trading volume and the higher value lock of its platforms have been major contributors to its success. Furthermore, its highlight in the memecoin PEPE has certainly benefited it and in short span of time, it has been successful acing the ranks of major competitors and making it one of the best options to indulge in crypto trade.



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