September 2, 2020 Uniswap surpasses Coinbase in trading volume.

Uniswap, an automated market maker-based decentralized exchange, has seen its trading volume surpass that of Coinbase, a well-established, centralized exchange, this week. The 24-hour trading volume on the former is over $1B, which is at least double that on Coinbase Pro, Coinbase’s advanced trading platform. Overall, decentralized exchange volumes surged over 160% in August, reaching a high of $11.6B.