$UNI 24h +12.66%, but the real star of this wave is more like the Robinhood Chain: launched less than two months ago and has already brought more than $20 billion in protocol transaction volume to Uniswap. Uniswap itself is a decentralized exchange protocol, and with v4/Hooks, it’s increasingly becoming the on-chain liquidity infrastructure.
Recent official data looks impressive: last week, over 60% of RWA DEX trading volume took place on Uniswap; the week before it was 40%. Spark’s stablecoin FX Layer pool activity has also surpassed $8 billion. Meanwhile, the community has focused on the UNI burn mechanism. One user’s statistics put the annualized burn rate at about 5.6%, with the daily burn amount hitting the second-highest level in history—suggesting that protocol revenue is starting to flow through to token holders.
That said, some KOLs have cautioned that UNI’s market cap is not small and there are still monthly unlocks, so near-term volatility is all but inevitable. The key is whether the momentum for the Robinhood Chain can be sustained.
#DeFi #UNI
Recent official data looks impressive: last week, over 60% of RWA DEX trading volume took place on Uniswap; the week before it was 40%. Spark’s stablecoin FX Layer pool activity has also surpassed $8 billion. Meanwhile, the community has focused on the UNI burn mechanism. One user’s statistics put the annualized burn rate at about 5.6%, with the daily burn amount hitting the second-highest level in history—suggesting that protocol revenue is starting to flow through to token holders.
That said, some KOLs have cautioned that UNI’s market cap is not small and there are still monthly unlocks, so near-term volatility is all but inevitable. The key is whether the momentum for the Robinhood Chain can be sustained.
#DeFi #UNI
