The total volume traded on the decentralized exchange (DEX), which was launched in 2018 has now surpassed $1 trillion.

This comes despite the fact that it is only a small user base, which indicates there are many opportunities for growth. According to data from Uniswap Labs, which are major contributors to the development of the protocol and ecosystem, the DEX’s number of cumulative addresses hit around 3.9 million this month after just over three years.