Uniswap’s native token, UNI, posted sharp gains on Wednesday after the world’s largest asset manager, BlackRock, announced plans to bring its Treasury Department-backed digital fund, BUIDL, onto the decentralized finance (DeFi) platform. This move, which also includes BlackRock’s intention to purchase UNI tokens, fueled a strong rally for the token during the trading session. BUIDL […]
Adams argues that automated market makers are quietly winning where capital is cheap and volatility is low, such as stablecoin pools. Uniswap founder Hayden Adams has pushed back on claims that automated market makers (AMMs) can’t keep it going, responding to X on January 6 to criticism that liquidity providers (LPs) are structurally underpaid. The […]
Whale trades hit four-year high, new UNI portfolios soar as investors react strongly to Uniswap’s governance overhaul. Uniswap (UNI) is up more than 70% in the past week amid increased retail FOMO following the announcement of ‘UNIfication’, a joint governance proposal from Uniswap Labs and the Uniswap Foundation that is expected to reshape the exchange […]
UNI’s whale outflow from Binance hit a three-month high. Uniswap’s native token, UNI, started the month trading around $7.50 and held steady for the first few weeks before a sharp decline mid-month dropped it below $6.50. Since then, the asset has been trying to regain its position, mainly fluctuating between $6 and $6.8. Despite some […]