Uniswap’s DEX Volume Share Increases to 23.65% in February 2025
The DEX to CEX trading volume ratio peaked at 20.02% in January 2025, indicating a shift toward decentralized exchanges like Uniswap and PancakeSwap amidst potential market recovery.
Unichain Contracts Surge
- Unichain deployed 13.8K new contracts on Layer 2 recently.
- This marks a significant recovery trend.
Uniswap Market Share Growth
- Uniswap's DEX volume share rose from 21.96% to 23.65% in February 2025.
- Raydium’s share decreased from 27.11% to 16.14%.
- PancakeSwap increased its share from 17.23% to 29.17%.
Uniswap accounted for $100.47 billion of the total $457.49 billion DEX volume last month. Raydium led with $124.03 billion, followed by PancakeSwap at $78.82 billion.
Large Transactions Rise
- Large transactions on Uniswap increased from 96 to 169 in the past week.
- Growing adoption among large holders reflects this rise.
Whale Activity Declines
- Total USD value of UNI holdings dropped from $13.59 billion to $9.34 billion since early 2025.
- Holdings over $100,000 decreased from $13.28 billion to $9.11 billion.
Current UNI Price Trends
- UNI price is stabilizing near $9, showing signs of a double bottom pattern.
- Daily RSI indicates bullish divergence, but recent trends show a decline of over 50% since December 2024.
- A breakdown below $9 may test support levels at $7.30 and $6.20.
The outlook suggests that while there are positive indicators, whales' declining interest could impact future price movements.