Uniswap has reached $71.1 billion in trading volume over the past 30 days, reinforcing its position as the top decentralized exchange (DEX). Its consistent high volumes, including $21.3 billion in the last week and nearly $2 billion in a single day, show strong user preference and liquidity. This volume dominance is translating into growing protocol revenue, with $28.2 million earned from fees between January and July. However, while Uniswap's token burn mechanisms help reduce supply and support UNI's value, the current burn rate is modest compared to the total circulating supply. Sustained high trading volumes and increased token burns will be key to creating meaningful demand for UNI going forward.
Uniswap's UNI token fell 3.40% within an hour on October 23, dropping from $7.07 to $6.83 on Binance. Over 24 hours, UNI declined 2.64%. During the same hour, $660,000 worth of long UNI positions were liquidated across Binance, Bybit, and OKX, with n...
UNI saw 2,295 new wallet addresses in one day, the highest since November 2022, signaling renewed interest possibly due to Uniswap v4 features, liquidity routing, and Unichain development. This surge in new addresses suggests increased network activi...
Uniswap has launched Aggregator Hooks across Ethereum, Base, and Robinhood Chain, allowing external liquidity to integrate with its v4 pools and expanding trading routes. Despite a large 180,000 UNI deposit to Binance raising selling concerns, spot b...
Uniswap's governance token, UNI, increased by 2.27% to reach $7.23 as of October 23. UNI holders participate in protocol governance, influencing decisions on the Uniswap platform. While fees collected are used to burn UNI tokens, holders do not recei...
Uniswap launched Aggregator Hooks, connecting seven external liquidity sources across Ethereum, Base, and Robinhood Chain to its Uniswap v4 platform. This upgrade allows Uniswap to collect protocol fees from trades routed through competing decentrali...
