Why can UNI rise to $10?
Look at one piece of data: over the past 30 days, tokenized stocks generated $20.9 billion in trading volume.
Who got the biggest share?
UNI v4: 40.7%
UNI v3: 19.4%
Combined, the two versions account for 60.1%, about $12.6 billion—$UNI alone ate up 60%.
What does this number mean?
First, tokenized stocks are no longer just a concept. Over 30 days, $20.9 billion in trading volume is real money moving.
Second, Uniswap’s moat is deeper than people imagined. In the SEC exemption filings, the permissioned AMM pool was explicitly mentioned, and the permissioned pool in Uniswap v4 is currently the方案 that best matches what the SEC described. Now that the data is out, the market share validates it.
Third, what does 60.1% imply? In any lane, when one protocol captures 60% of the share, it’s called “dominant position.” On this new track of tokenized stocks, Uniswap starts out as the leader.
The logic we discussed earlier is being verified by the data.
When Uniswap introduced permissioned pools in July, not many people paid attention. After the SEC exemption was finalized, the market began to reprice.
Now the 30-day trading volume data is in: 60% of the share is votes cast with real money.
Look at one piece of data: over the past 30 days, tokenized stocks generated $20.9 billion in trading volume.
Who got the biggest share?
UNI v4: 40.7%
UNI v3: 19.4%
Combined, the two versions account for 60.1%, about $12.6 billion—$UNI alone ate up 60%.
What does this number mean?
First, tokenized stocks are no longer just a concept. Over 30 days, $20.9 billion in trading volume is real money moving.
Second, Uniswap’s moat is deeper than people imagined. In the SEC exemption filings, the permissioned AMM pool was explicitly mentioned, and the permissioned pool in Uniswap v4 is currently the方案 that best matches what the SEC described. Now that the data is out, the market share validates it.
Third, what does 60.1% imply? In any lane, when one protocol captures 60% of the share, it’s called “dominant position.” On this new track of tokenized stocks, Uniswap starts out as the leader.
The logic we discussed earlier is being verified by the data.
When Uniswap introduced permissioned pools in July, not many people paid attention. After the SEC exemption was finalized, the market began to reprice.
Now the 30-day trading volume data is in: 60% of the share is votes cast with real money.
