According to Token Terminal, Uniswap is on track to record its biggest-ever quarterly trading volume in Q3 2025, with activity already above $270 billion and more than a week still left in the quarter.
Adding to the excitement, Uniswap CEO Hayden Adams confirmed that the platform has now crossed $1 trillion in annual Uniswap trading volume for the first time.

Source: X (Formerly Twitter)
These milestones show how important Uniswap has become in the world of decentralized finance (DeFi). Built on Ethereum, it was the first to popularize automated market-making and today continues to lead decentralized trading.
In fact, it now handles more activity than many traditional exchanges, proving that demand for open and permissionless finance is only growing.
Uniswap’s success isn’t just about the numbers. The platform is known for low-cost swaps, deep liquidity, and wide token access.
Both retail traders and large institutions use it for everything from stablecoin trading to perpetuals and DeFi integrations.
The community has also been busy with governance proposals and ecosystem funding debates, keeping user engagement strong.
These discussions not only decide how funds are spent but also keep it trending on social platforms, which is vital for visibility.
Another boost has come from regulation. With clearer rules for DeFi emerging in some major markets, this platform now looks better placed to expand further and attract more users worldwide.
Some of this weakness is due to Bitcoin's increasing dominance, as funds flow away from altcoins. UNI also broke below crucial moving averages, which instigated automated selling. Technical indicators such as the RSI are displaying weaker momentum, and the MACD has reversed to negative.
Currently, Uniswap token is testing a major support area between $8.60 and $8.80.
If the level holds, the token may bounce back up to $9.50.
However, if it breaks down, experts caution that UNI could continue to slide, with the 200-day EMA at $8.96 serving as the next level.

Source: CoinMarketCap
It is now trading at $8.66 with a decrease of 5.55% in the last 24 hours as per the CoinMarketCap.
Short term: the bearish trend for UNI is in place. It could rebound to around $9.50 if support holds near $8.60–$8.80.
Derivatives trading and high leverage put the pressure on, leading to violent swings and liquidations.
Long-term:. With strong fundamentals and rising adoption, it may reach $11–$12 in the coming months.
In the long run, fundamentals remain solid. Uniswap's historical trading volumes and growing ecosystem show strength amid short-term price action
If market sentiment improves, whales and big investors might step in, especially if there are important governance votes or new updates from its ecosystem.
Right now, UNI holders are watching closely to see if the $8.65–$9.00 support level holds or if the price drops further.
Uniswap’s record trading volumes show its growing strength in DeFi, even though UNI’s price is struggling in the short term.
There could still be some pressure on the price, but with strong fundamentals, active governance, and increasing adoption, the outlook looks more positive if key support levels hold.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.