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Binance $6.3B hack may boost decentralized exchanges like Uniswap, says Standard Chartered.

Market News
30 Oct 2026, 10:32 WIB
Crypto news
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Bullish
Binance $6.3B hack may boost decentralized exchanges like Uniswap, says Standard Chartered.

Standard Chartered predicts the $6.3 billion Binance hack will drive more crypto trading to decentralized exchanges (DEXs), especially Uniswap, as investors reassess risks of centralized platforms. Analyst Geoffrey Kendrick maintains a $100 price target for Uniswap's UNI token by 2030, suggesting the hack could justify an even higher valuation. While the market faces short-term losses and volatility, the incident highlights security concerns that may accelerate DEX adoption. Trading data shows decentralized exchanges have been gaining market share, and Uniswap remains the largest among them.

Uniswap's UNI token trades at Rp121.704 on Pluang, down 4.86% as of Oct 30, 2026 14:51 WIB. The market cap stands at Rp76,36 trillion with a 24-hour volume of Rp24,16 trillion. Pluang data shows 95% of order activity is selling, with a typical hold time of 65 days, highlighting cautious investor behavior despite DEX growth potential.

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