Welcome to the first edition of the Uniswap Dashboard Debrief! All this week, we’ll be taking a closer look at the data behind Uniswap V3 as we work to build the world’s best dashboard. You can join us, and earn 500UNI, by contributing a question that makes it to our dashboard. Just join us on Discord to get started!
We’ll get started this week by taking a look at the TVL — or total value locked — of Uniswap V3.
Total value locked represents the amount of assets that are currently being staked in a specific protocol. As you can see in the chart below, Uniswap V3 TVL hit its current all-time high at roughly midday Eastern Time in the U.S. on Friday, May 14, as total liquidity topped 1 billion at 11 AM and remained over that milestone for roughly 2 hours before dropping — hard.
By 2 PM the same day, TVL had fallen to just over 750 million, its lowest level in roughly two days. TVL rose quickly again later that day before seeming to stabilize at between 800 million and 1 billion.