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According to the CIO of Arca, Jeff Dorman, #Uniswap’s UNI still has a booming bull case despite the strong decline in DeFi, from space offered yields to trading volume.

Jeff Dorman had also said
#Uniswap is the clear market leader in #DEX trading. Like “#ETH vs smart contract protocols”, there’s not even a close second to $UNI in DEX Trading.”
Uniswap v3 to drive further growth,

One reason why Uniswap hasn’t absorbed more volume from #centralizedexchanges is due to certain user experience setbacks, such as the fifteen-second trading time and some concerns about slippage.

This is likely to be solved with the introduction of Uniswap v3, which is expected to be integrated into second-layer scaling solutions such as Optimism’s Optimistic #Ethereum.