A brief update says Uniswap recorded more than $100 million in single-day protocol volume on Polygon, highlighting trading activity on the Ethereum scaling network.
Uniswap, a decentralized exchange protocol, surpassed $100 million in protocol volume on Polygon in a single day, according to the provided update. The figure points to notable trading activity on Polygon, an Ethereum scaling network designed to offer lower-cost and faster transactions. In crypto markets, protocol volume is commonly used as a measure of trading demand and user activity on decentralized applications.