Uniswap executed approximately 140 million trades in August, exceeding the combined volume of legacy exchanges Cboe BZX and NYSE American. ARK Invest analyst Lorenzo Valente highlighted that the decentralized exchange, founded in 2018, has now surpassed the trade count of NYSE American, which has been operating since 1908. The protocol's growth marks a significant milestone from five years ago when monthly trade counts stood at roughly 2 million. The next benchmark for Uniswap is NYSE Arca, which recorded approximately 232 million trades during the same period.