According to The Block, ChainCatcher reports that Uniswap's ranking in the financial category of the US App Store has significantly declined, plummeting from 99th place two months ago to 364th place.

For most of 2024, Uniswap maintained a ranking around 190th in the US App Store's financial category. After Trump won the US election, its ranking jumped to 110th. During Trump's inauguration ceremony in January, Uniswap's App Store ranking soared again, reaching as high as 99th. However, after this brief surge, Uniswap's App Store ranking sharply declined, even dropping below its 2023 annual levels, indicating that the App Store ranking spike was driven by election hype.

Recent fundamental metrics further support this situation. Since the beginning of 2025, the number of Uniswap traders on the Ethereum network has dropped by over 45%, reaching its lowest level since July 2023. Additionally, Uniswap's monthly trading volume decreased by 10% from December 2024 to January 2025, and further declined by 22% month-on-month in the following month.