Polygon Tops $100 Billion in All-Time Trading Volume on Uniswap

HKAN | Jul 8

Polygon, the high-speed Ethereum Layer 2 chain, has reached a major DeFi milestone—over $100 billion in cumulative trading volume on the Uniswap Protocol, data shows. This achievement reflects Polygon’s growing role as a go-to platform for DeFi swaps and liquidity provisioning .

 

 

What This Means

DeFi power: Polygon now accounts for a significant share of activity on Uniswap, surpassing many competing networks .

 

Low fees & fast execution: The surge is driven by Polygon’s value proposition—near-instant settlement and minimal gas costs.

 

USDC dominance: Over 17% of Uniswap’s weekly USDC trading now occurs on Polygon, highlighting strong stablecoin demand .

 

 

Why It Matters for the Crypto Ecosystem

Validation of Layer 2 growth: Polygon’s milestone further confirms the trend of users migrating from Ethereum mainnet to faster, cheaper secondary layers.

 

Liquidity magnet: High volume attracts DeFi users and developers, strengthening its competitive edge in decentralized finance.

 

On-chain utility: The milestone underscores real user engagement—trading, swapping, and yield strategies happening on-chain.

 

 

Final Take

With over $100 billion traded, Polygon has cemented its place as a DeFi powerhouse on Uniswap. This milestone highlights the value of using Layer 2 solutions for mass-scale crypto activity and sets the stage for further DeFi innovation.