UNI (Uniswap) increased by 5.05% in the last 24 hours

Gate News Bot Message, January 6th, according to CoinMarketCap data, as of press time, UNI (Uniswap) is trading at $6.21, up 5.05% in the past 24 hours, with a high of $6.34 and a low of $5.62. The 24-hour trading volume reached $529 million. The current market capitalization is approximately $3.947 billion, an increase of $190 million compared to yesterday.

Uniswap is the world’s largest decentralized exchange (DEX), supporting cryptocurrency trading on over 15 networks including Ethereum, Unichain, and Base. Products under Uniswap Labs include web applications, self-custody wallets, UniswapX (offering gasless trading and MEV protection), liquidity provision tools, trading APIs, and Unichain (an Ethereum L2 built specifically for DeFi). As a leading platform in the industry, Uniswap has earned the trust of millions of users through its permissionless trading, deep liquidity, security features, and user support.

Recent Important News about UNI:

1️⃣ Fee Conversion Proposal Implementation Drives Deflation Expectations On December 26th, the Uniswap community officially approved the fee conversion proposal, marking a key change in the protocol’s fundamentals. The proposal stipulates a one-time burn of approximately 100 million UNI tokens (valued at about $591 million at the time), and future protocol-generated fees will also be used for continuous UNI burns. This deflationary mechanism significantly strengthens UNI’s value narrative and provides substantial support for its medium- to long-term price expectations.

2️⃣ Industry Position Stabilized and Revenue Model Demonstrates Sustainability By total fees generated in 2025, Uniswap ranks third with over $1 billion, reflecting its stable revenue capability as a leading DEX in the industry. Compared to other models, Uniswap’s fee income approach is sustainably long-term — a portion of swap fees goes to the protocol, most directly to LPs, rather than inflating revenue figures through token issuance. This design aligns better with the protocol’s long-term development goals.

3️⃣ Institutional-Grade Product Innovation Enhances Market Recognition Bitwise has submitted 11 cryptocurrency ETF applications to the US SEC, including the Bitwise UNI Strategy ETF. This ETF’s investment strategy involves directly investing 60% of assets in UNI, 40% in ETPs that invest in the token, and possibly using derivatives to gain exposure. This indicates that UNI, as a mainstream digital asset, is gaining increasing attention and allocation from traditional financial institutions.

On the technical side, UNI is supported in the supply-demand imbalance zone around $5.50, laying the foundation for a rebound. Short-term strong resistance is between $6.25 and $6.55, requiring volume to break through. MFI and MACD indicators are gradually turning bullish, showing improved short-term momentum, but caution is advised below $5.30. Overall, with the support of fee conversion and deflation expectations, Uniswap’s price has structural advantages. Whether it can truly strengthen depends on the overall market environment improvement.

This message is not investment advice. Please be aware of market volatility risks when investing.