Why Uniswap V2 Still Handles Most Volume: The Hidden Economics Behind Version Fragmentation

Uniswap V3 arrived with substantial technical improvements—concentrated liquidity allowing capital efficiency gains of up to 4,000 times, multiple fee tiers enabling sophisticated routing, and support for precise price ranges. Yet data from major trading periods shows that Uniswap V2, released in 2020, still processes a significant share of swap volume despite being technically superseded for […]

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