Uniswap Processes 90 Percent of cirBTC Arc Volume
The decentralized exchange now facilitates the vast majority of trading for the Bitcoin-backed token.
Updated on Oct. 24, 2026 in Investing
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Uniswap has become the primary venue for cirBTC, handling 90% of the token's trading volume on the Arc network. Users can now trade and provide liquidity for the asset directly through the Uniswap Web App.
Why it matters
The integration allows investors to utilize cirBTC, which is backed one-to-one by Bitcoin, within smart-contract applications for lending, trading, and settlement without requiring a Circle account.
Uniswap captures 90% of cirBTC trading volume on Arc, with a total circulating supply of 4,300.68 tokens. The asset is supported by total reserves of 4,448.19 BTC.
The players
Uniswap
Uniswap is a decentralized finance protocol used to exchange cryptocurrencies and provide liquidity.
Circle
Circle is a global financial technology firm that provides digital currency and stablecoin payment solutions.
The details
The token supply is currently split between 3,577.56 units on Arc and 723.11 units on Ethereum. By leveraging the Uniswap Web App, users gain direct access to the token's ecosystem regardless of their status with Circle.
Timeline
June 8, 2026: Circle officially launched the cirBTC token on the Ethereum blockchain.
October 24, 2026: Market data confirms Uniswap's current dominance in cirBTC trading volume.
Market Dynamics
This development aligns with the trend of bringing Bitcoin-backed assets into compliant DeFi frameworks, similar to the standards set by the European Union's Markets in Crypto-Assets (MiCA) regulation. The shift highlights a move toward interoperability between legacy Bitcoin and smart-contract networks.
Retail investors can now participate in cirBTC trading without needing a direct relationship or account with Circle. This streamlines the ability to deploy Bitcoin-backed assets into lending and settlement protocols directly from a personal wallet.
The takeaway
The growth of cirBTC indicates a rising demand for Bitcoin liquidity within decentralized finance ecosystems. Investors should monitor how increased supply across different networks influences the overall utility and pricing of these Bitcoin-backed tokens.
Further reading
For additional context on digital asset trends, explore our Investing section.
Source note: This article includes information reported by TokenPost.
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