Token Terminal just dropped a fresh dashboard for Uniswap, the go-to decentralized exchange (DEX) in the crypto world. If you're into meme tokens, this is big news because Uniswap is where a ton of them get traded, especially on Ethereum and other chains. The data shows some serious growth, which could mean better liquidity and more opportunities for meme token enthusiasts.
Let's break it down based on their recent thread. Uniswap's quarterly trading volume crossed the $300 billion mark in Q3 2025. That's a huge milestone for the platform, reflecting the booming activity in DeFi (decentralized finance).
A big chunk of that volume came from Uniswap v3 on Ethereum, which makes sense since Ethereum is still the hub for many popular meme tokens like PEPE or DOGE-inspired variants. v3 is the latest version of Uniswap, offering concentrated liquidity pools that let liquidity providers (LPs) focus their funds in specific price ranges for better efficiency.
Interestingly, Uniswap v2 on Ethereum still pulls in about 9% of the total trading fees. v2 is the older version, but it's sticky because some classic pools and tokens haven't migrated yet. For meme tokens, this means legacy projects can still thrive without needing upgrades.
On the activity front, monthly trade counts on Uniswap have doubled since the beginning of 2025. More trades mean more action, which is great for meme token flips and community-driven pumps.
The fastest growth in trade counts? That's happening on Uniswap v3 deployed on BNB Chain. BNB Chain (formerly Binance Smart Chain) is known for lower fees and faster transactions, making it a hot spot for emerging meme tokens looking to avoid Ethereum's gas costs.
For meme token creators and traders, this surge spells opportunity. Higher volumes often lead to tighter spreads and deeper liquidity, reducing slippage on big trades. Plus, with Uniswap expanding across chains, it's easier to launch and trade memes without being tied to one blockchain.
If you want to dive deeper, check out the full dashboard on Token Terminal or the original thread on X. Staying on top of these metrics can give you an edge in the fast-paced world of meme tokens.
At Meme Insider, we're all about keeping you informed on how DeFi giants like Uniswap influence the meme space. What do you think—will this growth spark the next big meme cycle?