Uniswap completed 140 million transactions in August, surpassing the combined total of Cboe BZX and NYSE American.

TechFlow reports that on September 25, according to Lorenzo Valente, digital asset strategist at ARK Invest, Uniswap completed approximately 140 million transactions in August this year, surpassing the combined total of two traditional exchanges, Cboe BZX and NYSE American.

Data indicates that Uniswap launched in 2018, when its monthly transaction volume was roughly 2 million approximately five years ago, and has now expanded to 140 million. In contrast, NYSE American, boasting a history of over a century, traces its origins to 1908. The next traditional exchange ranked above Uniswap in transaction volume is NYSE Arca, which logged approximately 232 million transactions in August.