Uniswap [UNI] has been dominating the DEX space for quite some time in terms of market share and volume. However, there has been an unexpected surge in activity on the DEX, due to the popularity of memecoins. One of the memecoins that has been attracting a large volume on the Uniswap protocol was Pepe [PEPE]. This was due to the fact that PEPE garnered large amounts of attention from the crypto community in a short span.