The protocol recorded $80.35 million in fees over the same period, while PancakeSwap trailed with $18.5 billion in decentralized exchange trading volume.
Uniswap handled $46.4 billion in DEX (decentralized exchange) volume over the past 30 days, underscoring its lead in on-chain spot trading. The protocol generated $80.35 million in fees during the same period, while PancakeSwap followed with $18.5 billion in volume. Trading volume and fee generation are closely watched measures of activity for decentralized exchanges because they reflect user demand, liquidity and the level of on-chain execution taking place across the protocol.