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Uniswap's Total Value Locked on BNB Smart Chain Rises 104%

Uniswap's total value locked on the network was about $437 million on Oct. 20. Seven-day decentralized exchange trading across the chain rose 37.95%.

Updated 1 min read
Hands use a laptop showing a swap interface at a New York City cafe. / EconoTimes.ai
Hands use a laptop showing a swap interface at a New York City cafe. / EconoTimes.ai

Two measures of BNB Smart Chain activity rose in the week through Oct. 20: Uniswap's total value locked climbed 104%, while trading on the network's decentralized exchanges increased 37.95%, DefiLlama data showed.

Uniswap's total value locked on BNB Smart Chain was about $437 million on Oct. 20. That figure was 213% higher than 30 days earlier.

Trading across decentralized exchanges on the chain totaled about $6.26 billion over seven days. The 37.95% increase compares that trading volume with the preceding seven-day period.

Total value locked across BNB Smart Chain stood at about $5.93 billion at the same snapshot. Uniswap's figure covers assets held in one protocol; the network total covers value locked across the chain. Trading volume measures transactions over a period, so it cannot be compared directly with either balance.

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