DeFi Protocol UniSwap is on Track to Hit $3B in Total Value Locked

Quick take:

The total value locked on Uniswap is on track to break $3 BillionThe Uniswap protocol recently celebrated its second anniversaryUniswap (UNI) might have finally bottomed in the crypto markets

The Uniswap (UNI) protocol is on track to hit the $3 Billion mark in terms of total value locked on the DeFi platform. At the time of writing, a total of $2.8 Billion is locked on UniSwap with the team at DeFiPulse.com projecting that the $3 Billion mark could be broken by Monday, November 9th. The team at DeFiPulse made this projection via the following tweet which also provides a chart highlighting how the total value locked on Uniswap has grown in the past month.

If this keeps up @UniswapProtocol could break $3B TVL by Monday. Only way to find out is to wait and see https://t.co/cpEfG0qRDr pic.twitter.com/bTorCfxdtE

— DeFi Pulse