# May '24 Uniswap Report

**URL:** <https://gov.uniswap.org/t/may-24-uniswap-report/24137>\
**Category:** Uncategorized\
**Created:** [June 17, 2024, 8:16pm UTC](https://gov.uniswap.org/t/may-24-uniswap-report/24137 "2024-06-17T20:16:03Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Oku](https://sea2.discourse-cdn.com/flex016/user_avatar/gov.uniswap.org/oku/32/8519_2.png) [@Oku](https://gov.uniswap.org/u/Oku)\
**Post date:** [June 17, 2024, 8:16pm UTC](https://gov.uniswap.org/t/may-24-uniswap-report/24137/1 "2024-06-17T20:16:03Z")

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Hello Uniswap Community,

We published our most recent issue of the Uniswap Monthly Report, summarizing protocol metrics for May 2024.

You can find our latest report at [newsletter.oku.trade](https://www.newsletter.oku.trade/) and subscribe for future monthly releases.

Here’s the executive summary:

- In May 2024, the Uniswap Protocol processed $73.96 billion in monthly volume (-4.54%) across $7.19 billion in liquidity (+14.8%), earning market makers $120.82 million in fees (-3.6%).

- Across all chains, Ethereum saw the most Uniswap volume with $34.31 billion in v3 pools, seconded by Arbitrum. Linea had the highest month-over-month growth in volume and fees.

- This month, the protocol experienced a relative increase in volume (+7.6%), liquidity (+3.1%), and fees (+6.2%) over competing DEX protocols.

- Layer 2 deployments’ share of volume and fees fell to 30.0% and 17.8% respectively. However, the deployments reached an all-time high in liquidity share, at 14.8%.

The report contains charts and tables displaying the data and exact figures. We’re eager to continue aggregating this data and sharing our findings.

\*Data was sourced primarily from the Oku API, with help from DeFiLlama and TradingView.