PANews reported on March 30 that according to The Block, Uniswap's ranking in the financial category of the US App Store has declined significantly recently, plummeting from 99th two months ago to 364th.
For most of 2024, Uniswap has been ranked around 190th in the financial category of the US App Store. After Trump won the US election, its ranking jumped to 110th, and then during Trump's inauguration in January, Uniswap's App Store ranking soared again, reaching a high of 99th. However, since the brief surge, Uniswap's ranking in the App Store has dropped sharply, even lower than the level of the whole year of 2023, which indicates that Uniswap's surge in the App Store ranking was driven by election hype.
This is further supported by recent Uniswap fundamental metrics, with the number of Uniswap traders on the Ethereum network falling by more than 45% since the beginning of 2025, hitting its lowest level since July 2023. In addition, Uniswap's monthly trading volume also fell by 10% from December 2024 to January 2025, and fell another 22% month-on-month the following month.
