Uniswap has recently seen a significant drop in its ranking in the financial category of the US App Store

ChainCatcher news, according to The Block, Uniswap's ranking in the financial category of the US App Store has recently seen a significant drop, plummeting from 99th place two months ago to 364th place.

For most of 2024, Uniswap has been ranked around 190th in the financial category of the US App Store. After Trump won the US election, its ranking surged to 110th, and during Trump's inauguration in January, Uniswap's App Store ranking soared again, reaching a high of 99th. However, following this brief surge, Uniswap's ranking in the App Store has sharply declined, even falling below the levels seen throughout 2023, indicating that Uniswap's rise in the App Store rankings was driven by election hype.

Recent fundamental indicators for Uniswap further support this situation. Since the beginning of 2025, the number of Uniswap traders on the Ethereum network has decreased by over 45%, marking the lowest level since July 2023. Additionally, from December 2024 to January 2025, Uniswap's monthly trading volume also dropped by 10%, followed by a month-on-month decline of 22%.