• Uniswap’s NFT aggregator registered a sharp uptick in sales volume and active users.
• Native token UNI jumped by 3.61% at press time.

As per a tweet by crypto analyst firm Messari on 27 January, about $3.3 million worth of NFTs in volume was routed through Uniswap [UNI] in the first month of its launch.

+Uniswap's NFT aggregator routed $3.3M of NFT volume
+Uniswap briefly surpassed @Coinbase in terms of trading volume
+$USDC/$ETH pools accounted for 50% of total volume and 29% of trading revenue.

https://t.co/xTH5LXS6pD pic.twitter.com/tMFI2logSc

— Messari (@MessariCrypto) January 27, 2023

Realistic or not, here’s UNI’s market cap in BTC’s terms

In fact, Uniswap stood in the third position behind Blur and Gem in the NFT aggregators’ market share, data from Dune Analytics showed, thus highlighting its growing dominance.

At the time of writing, Uniswap’s native token exchanged hands at $6.85, which amounted to gains of about 35% in the last 30 days.

Gas rebates driving up adoption?

As per data from DappRadar, key performance indicators for Uniswap NFT aggregator registered a drastic increase in the last 10 days. The total number of transactions shot up to more than 40k from just 92 on 17 January.

Moreover, the number of unique active users rocketed from 75 on 17 January to 22.38k by 27 January. But what explains this phenomenal surge?

As part of the launch, Uniswap offered a rebate on gas fees to its first 22k users who purchased NFT from 30 November to 14 December....