The Uniswap DEX is seeing unprecedented demand as the bullish market sentiment continues, with fees generated on the platform exceeding that of Bitcoin on Jan. 25.

• Uniswap has generated $2.30 million in the last 24 hours, while Bitcoin is almost half a billion behind with $1.88 million
• Ethereum generates the most fees by far, at $8.87 million, just as it hit a new all-time high of $1,467 
• Uniswap volumes has been growing at a phenomenal rate, a trend which started well before the pandemic
• As shared by Uniswap Founder, the website experienced a growth in users by nearly 50% in the last 28days
•  Uniswap addresses in the last week are 115,000, which dwarfs second-place 1inch with 14,600 unique addresses 
• As users turn to DEXs to invest in the DeFi space, gas fees and transaction times have been experiencing, a pain point that is being addressed in the upcoming Uniswap V3 upgrade, as well as by other protocols like Bancor