Too powerful—contract $UNI trades straight up to about 670 million U!
Binance UNIUSDT perpetual: current price around 8.901, up about +2.90% in 24h, open 8.650, high 9.522, low 8.648.
Nearly 2.13 million trades, with open interest around 222 million U—this scale is what a DeFi leader looks like; it doesn’t feel like a follower stock.
CoinPaprika market cap is about $5.54 billion, ranking around 25.
Public anchor point: around 9/17, the SEC issued an “Innovation Exemption,” allowing qualifying tokenized securities venues to trade tokenized NMS US stocks via a permit-based AMM/funding-pool setup, with a framework of about 5 years. The market treats Uniswap as a beneficiary, and public reports around 9/18 said it briefly surged with roughly a 28%–30% level move.
My take: this is a regulatory narrative boosting AMM valuations, but the exemption doesn’t equal explicit approval naming Uniswap. Don’t treat “compliance-positive news” as a one-way pass—volume is still there, and positions haven’t lightened; before anything else, check whether pullbacks can be held up by at least $600M+ in turnover.
$UNI
Binance UNIUSDT perpetual: current price around 8.901, up about +2.90% in 24h, open 8.650, high 9.522, low 8.648.
Nearly 2.13 million trades, with open interest around 222 million U—this scale is what a DeFi leader looks like; it doesn’t feel like a follower stock.
CoinPaprika market cap is about $5.54 billion, ranking around 25.
Public anchor point: around 9/17, the SEC issued an “Innovation Exemption,” allowing qualifying tokenized securities venues to trade tokenized NMS US stocks via a permit-based AMM/funding-pool setup, with a framework of about 5 years. The market treats Uniswap as a beneficiary, and public reports around 9/18 said it briefly surged with roughly a 28%–30% level move.
My take: this is a regulatory narrative boosting AMM valuations, but the exemption doesn’t equal explicit approval naming Uniswap. Don’t treat “compliance-positive news” as a one-way pass—volume is still there, and positions haven’t lightened; before anything else, check whether pullbacks can be held up by at least $600M+ in turnover.
$UNI
