Uniswap v4 and v3 Snap Up 47.2% of $161.4B Stablecoin DEX Volume – Dominance Confirmed

Uniswap's v3 and v4 protocols captured 47.2% of the US$161.4 billion in stablecoin DEX volume, highlighting the platform's dominant position in onchain finance.
The figure illustrates how Uniswap continues to influence trader strategies and liquidity dynamics, reinforcing its critical role in DeFi while raising questions about market concentration and the competitive landscape for other decentralized exchanges.
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