July Uniswap a gain of close to 58000 new users, market share accounted for by more than 40%
BlockBeats reported that user growth on decentralized trading platform Uniswap has reached an all-time high.Uniswap added 57,976 users in July, up 132% from 24,963 in June, according to Block Research. So far this August, the trading platform has added 27,253 unique users.
Uniswap has been the leader in the number of DEX users, with a market share of more than 40% as of last month. Last week, it was revealed that Uniswap raised $11m in A Series A funding round in June. The round is led by Andreessen Horowitz (A16Z) with participation from Union Square Ventures, Parafi Capital and Paradigm, among others.
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