Uniswap has crossed $20 billion in cumulative trading volume for tokenized stocks, according to reports, solidifying its position as the top decentralized exchange for stock-token trading activity. The milestone highlights the platform's growing role in the tokenization of traditional financial markets.
Tokenized Commodities Also Grow
Uniswap has also seen significant growth in tokenized commodity trading. Over the past 24 hours, the DEX led in added trading volume with $19.4 million, approximately 35 times the growth recorded by Aerodrome, which ranked second.
UNI Price Reaction
Following these developments, UNI recorded a 5.70% gain in four hours, climbing from $7.28 to $7.70 on Binance on 4 November. Its 24-hour price increase stood at 4.75%, indicating that most of the upward momentum occurred within the shorter four-hour window.
At press time, UNI was trading at $7.58 after a 5.2% rise in the past 24 hours, with a market capitalization of approximately $4.68 billion, ranking 22nd among cryptocurrencies. Despite the recent gains, the token remains well below its September peak of around $10, down roughly 24%.
Binance Dominates Trading Activity
CoinGlass data showed that UNI's 24-hour spot trading volume was $154.11 million, while futures volume reached $1.04 billion. The spot volume heatmap indicated that Binance dominated UNI trading activity, recording approximately $67.96 million in volume. Additionally, the net inflow heatmap showed Binance with the highest positive net inflow of about $6.85 million, suggesting more UNI tokens were deposited than withdrawn during the period.
Active Addresses Stabilize
Meanwhile, UNI's active addresses showed signs of stability, fluctuating between approximately 1,800 and 2,200. This follows a recent report that Uniswap active addresses hit a 2026 high in late October, and network growth reached a four-year high during the same period despite a 5.4% drop in UNI's price.
