Competition in the DEX market intensifies as market share leader Uniswap drops from 50% to 36%

The market share of Uniswap, the world's largest decentralized exchange (DEX), is declining, leading to intensifying competition among DEXs.
Uniswap's market share has recently fallen to 36%, down from over 50% in October last year.
According to The Block, a cryptocurrency-related media outlet, new entrants are gaining market share. Orca (ORCA) fell from 9% at the start of the year to 12% last month.
%, and Aerodrome's share increased to 7%.