🦄 Uniswap ( $UNI ) — A DeFi Leader at a Crossroads
$UNI is trading at $6.84, up ~10.7% in the last 24 hours, signaling renewed strength. As Ethereum’s go-to decentralized exchange (DEX) and a pioneer of the automated market-maker (AMM) model, Uniswap is now facing a defining moment.
Uniswap’s AMM allows token swaps via smart contracts instead of traditional order books, and it still handles 50–65% of weekly DEX volume across major networks. Yet today, $UNI ’s value derives solely from governance rights, not direct revenue from the protocol.
That could change soon. If the fee switch activates, a portion of trading fees (10–25%) could flow to the protocol itself, letting $UNI holders earn yield rather than just vote—a prospect already fueling market excitement.
⚠️ Risks remain: The SEC has highlighted Uniswap Labs in enforcement talks, creating potential regulatory hurdles. Plus, competition across chains is heating up as new DEXs introduce innovative models and tokenomics.
In short, Uniswap sits at a high-stakes inflection point: strong market dominance, promising catalysts, but notable headwinds. For UNI holders, the next moves will matter more than ever.
Euler Finance is a permissionless lending protocol on Ethereum — anyone can list tokens to lend or borrow without approval. Built with a modular architecture (Vault Kit, Vault Connector) for maximum flexibility.
🔥 Key highlights:
Total supply only ~27M EUL — extremely scarce for a DeFi token.