Uniswap Leads $14.1B Tokenized Stock DEX Volume Surge
Uniswap (UNI)
Editor:
Eugene Serbin
coinfanatic.com reports that Uniswap processed $6.6 billion in tokenized stock trading volume over the past 90 days. This performance positions Uniswap as the leading decentralized exchange in this specific asset class. PancakeSwap followed with $5.5 billion in volume, while Raydium recorded $2.0 billion.
Together, these three platforms accounted for approximately 88.7% of the total $14.1 billion DEX trading volume. The data, highlighted in a tweet from @tokenterminal, indicates robust activity in the decentralized finance sector. This surge reflects growing interest from investors and traders in tokenized assets.
The trend suggests a shift in trading behavior, with more participants favoring decentralized platforms for stock trading. Uniswap facilitates these trades without intermediaries, offering greater transparency and accessibility. However, potential risks include regulatory scrutiny and market volatility that could impact strategies.
How the market reacted
Whalio's own Binance spot order flow for UNI, measured when this story was written up on 6 September 2026. Not the outlet's figures.
UNI is currently trading at $7.05 with a 24-hour spot volume of $72,512,489. The 24-hour buy ratio stands at 53.2%, indicating that buyers are slightly more active than sellers over the full day. In contrast, the 1-hour buy ratio is higher at 53.4%, while the 4-hour ratio drops to 46.6%, suggesting that buying pressure has weakened in the most recent short-term window. The 24-hour Volume Delta is positive at +$4,622,150, meaning more volume was executed at the ask price than the bid price over the day. However, the 4-hour Volume Delta is negative at -$798,400, showing a recent shift toward selling pressure. The Cumulative Volume Delta (CVD) for the 24-hour period closed at +$8,420,215, confirming net buying dominance over the longer timeframe despite the recent 4-hour dip.
The latest daily buy ratio of 45.7% sits at the 13th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for UNI, averaged over the days leading up to the story.
Over the preceding week, UNI experienced a significant price increase of 50.5% over eight days. The 7-day average buy ratio was 51.7%, which is slightly lower than the current 24-hour ratio of 53.2%. Trading volume over the last 24 hours was 1.05x the weekly average, indicating slightly above-average activity. Net buying occurred on 5 of the past 7 days, with a total Volume Delta of +$17,602,236 for the period. This recent 24-hour performance aligns with the broader weekly uptrend, showing sustained but slightly elevated buying interest compared to the weekly norm.