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Uniswap's Locked Value on BNB Smart Chain Rises 104% to About $437 Million

Its locked value on the chain climbed 213% over 30 days. Weekly decentralized exchange trading across BNB Smart Chain rose 37.95%.

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Amber glass discs collect inside a clear acrylic chamber. / TokenPost.ai
Amber glass discs collect inside a clear acrylic chamber. / TokenPost.ai

Uniswap's total value locked on BNB Smart Chain rose 104% over seven days to about $437 million on Oct. 20, as decentralized exchange trading expanded across the network.

Over 30 days, the value of assets held in Uniswap on the chain climbed 213%. The seven-day gain is part of a larger monthlong increase.

At the same snapshot, BNB Smart Chain's overall TVL stood at about $5.93 billion. Decentralized exchanges across the network processed about $6.26 billion in trades over the past seven days, up 37.95% from the preceding seven-day period.

The figures capture different measures of activity: Uniswap's TVL reflects assets held in one protocol, while the trading total covers decentralized exchanges across BNB Smart Chain. Both rose over the week, putting Uniswap's increase alongside a broader rise in trading on the network.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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