Robinhood Chain, a Layer 2 network launched in July 2026, generated $50.2 million in transaction fees from September 1-23, capturing 57.3% of Uniswap's protocol revenue. This rapid growth was driven mainly by retail traders swapping memecoins rather than the expected institutional investors. Although transaction fees peaked at $8 million daily, fees dropped 97% mid-September due to Robinhood subsidizing gas fees, keeping transaction volumes high but reducing per-trade revenue. The end of subsidies on September 29 will test if the chain can sustain volume and revenue, indicating whether its growth is organic or subsidy-driven.
Uniswap (UNI) trades at Rp159.127 on Pluang as of Sep 29, 2026 23:05 WIB, with a slight 1-day gain of 0.02%. The platform shows a market cap of Rp98.76 trillion and 24-hour volume of Rp16.74 trillion. Despite Robinhood Chain's dominance in Uniswap fees, Pluang users currently sell 65% of UNI orders, holding it for an average of 65 days.
Aave's token price jumped 11% since midnight UTC on September 29, driven by speculation that its founder, Stani Kulechov, may introduce a token burn mechanism in the upcoming Aavenomics 3.0 update. This potential burn would permanently reduce token s...
Uniswap's token UNI fell 3.24% within an hour, dropping from $9.28 to $8.98 as of 5:23 a.m. ET on September 29. Despite this short-term decline, UNI still showed a 0.79% increase over the past 24 hours. During the same hour, short liquidations across...
Uniswap's token UNI increased by 5.55% within four hours, reaching $9.07 on Binance's UNI/USDT spot market. Despite this intraday rise, UNI closed the day slightly lower, down 0.49% compared to 24 hours earlier. During the same period, short liquidat...
Uniswap's UNI token dropped 9% to around $9.10 following a broader crypto market crash, with increased selling pressure as spot volume rose 45%. An early investor moved $12.9 million worth of UNI to market maker Wintermute, raising concerns about pot...
On September 29, Hyperliquid trader Boomer closed over $31.1 million in long positions across several altcoins including Zcash (ZEC), NEAR, and Uniswap (UNI), realizing about $1.25 million in losses. The trader shifted to short-term bearish positions...
