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Uniswap V3: An Early But Resounding Success

May 19, 2021 ⋅  5 min read

After much anticipation, on May 5 Uniswap V3 finally launched. Within its first two weeks it's already a resounding success, becoming the top decentralized exchange on Ethereum next to Uniswap V2. At its current pace Uniswap V3 will become the largest DEX in a matter of weeks. The early success of V3 has propelled Uniswap to new heights reaching a new 2021 high market share of 61%. Better yet, Uniswap V3 is just getting started.

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Ryan Watkins was a Senior Research Analyst at Messari. Previously, he worked at Moelis & Company as an Investment Banking Analyst where he worked on deals in the technology, telecom, and fintech sectors. Ryan graduated Magna Cum Laude from the Gabelli School of Business at Fordham University.

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About the author

Ryan Watkins was a Senior Research Analyst at Messari. Previously, he worked at Moelis & Company as an Investment Banking Analyst where he worked on deals in the technology, telecom, and fintech sectors. Ryan graduated Magna Cum Laude from the Gabelli School of Business at Fordham University.

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