DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report

Major decentralized exchange (DEX) (UNI) is in the early stages of raising significant funds to further expand its decentralized finance (DeFi) offerings, according to a new report.

Uniswap Labs, a DeFi startup contributing to the Uniswap Protocol, is engaging with a number of investors to raise an equity round of $100 million to $200 million, TechCrunch reported on Sept. 30.

Five largest DEXes by daily trading volumes. Source: DeFi Llama

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