Arthur Hayes, co-founder of BitMEX, purchased 244,406 UNI tokens for about $1.73 million amid Uniswap's expansion of its protocol-fee system that burns UNI tokens, reducing supply. This mechanism, active since late 2023, links fee collection to token burning, potentially increasing UNI's value by lowering supply. Hayes' purchase aligns with his recent shift back into DeFi assets after exiting other crypto positions, signaling confidence in Uniswap's evolving fee and burn model. The move is timely as Uniswap considers extending this system to its upcoming v4 protocol, enhancing the token's economic incentives.
Arbitrum's token ARB surged 51.6% in the last 24 hours and 123.8% over the past week, standing out as the top performer in a mostly steady crypto market where Bitcoin and Ethereum posted modest gains. This sharp rise is linked to renewed community en...
Uniswap V4 holds the largest share of tokenized stock deposits in decentralized finance, with $59.1 million locked as of September 6, 2026, according to Token Terminal. Alongside Kamino Lend's $41.7 million and Uniswap V3's $20.9 million, these platf...
Robinhood Chain has rapidly grown to 863,800 tokenized-stock holders in two months, driving daily trading volumes between $100M and $130M. This surge increased Robinhood Chain's fees and revenue, with daily fees hitting $6M and revenue $5.4M on Septe...
Arbitrum surged 45.95% to $0.1928, leading the day's top crypto gainers due to increased investor confidence in Ethereum layer-2 scaling solutions that reduce costs and improve speed. Other notable gainers included Pons, Uniswap, PancakeSwap, and Eth...
Arthur Hayes, co-founder of BitMEX, purchased 244,406 UNI tokens worth $1.73 million through an OTC deal with Flowdesk, avoiding market impact. This sizable buy is notable as there is no current governance proposal or upgrade driving the purchase, in...
