Share a bullish logic for UNI—go ahead and refute it.
Once the SEC bill is implemented, tokenized securities will move to on-chain trading. Tokenized stocks will be on-chain, and spot will have to go through DEXs. Uniswap has been sitting at this checkpoint for years.
Over the past 30 days, tokenized securities TVL has grown: Uniswap V4 is #1, +$54.7M; V3 is #2, +$28.1M. Just the two Uniswap versions combined are already more than the total of the other eight.
Now look at valuation.
UNI FDV is $8.6B, HYPE is $91B—market cap is 10x apart. But the gap in 7-day revenue is narrowing: UNI $3.07M vs HYPE $14.39M.
Many people compare HYPE to UNI, but they’re simply not on the same track. HYPE is about derivatives plus a self-built chain ecosystem, while UNI is about the spot trading infrastructure layer. What the bill benefits is on-chain securities spot trading—this checkpoint is on UNI’s side.
At $8.6B FDV, buying a DEX monopoly slot catalyzed by this bill—this price can be measured and weighed.
Feel free to come argue and slap this down. Hold spot—don’t use any leverage.
$UNI
Once the SEC bill is implemented, tokenized securities will move to on-chain trading. Tokenized stocks will be on-chain, and spot will have to go through DEXs. Uniswap has been sitting at this checkpoint for years.
Over the past 30 days, tokenized securities TVL has grown: Uniswap V4 is #1, +$54.7M; V3 is #2, +$28.1M. Just the two Uniswap versions combined are already more than the total of the other eight.
Now look at valuation.
UNI FDV is $8.6B, HYPE is $91B—market cap is 10x apart. But the gap in 7-day revenue is narrowing: UNI $3.07M vs HYPE $14.39M.
Many people compare HYPE to UNI, but they’re simply not on the same track. HYPE is about derivatives plus a self-built chain ecosystem, while UNI is about the spot trading infrastructure layer. What the bill benefits is on-chain securities spot trading—this checkpoint is on UNI’s side.
At $8.6B FDV, buying a DEX monopoly slot catalyzed by this bill—this price can be measured and weighed.
Feel free to come argue and slap this down. Hold spot—don’t use any leverage.
$UNI