The Uniswap cryptocurrency token rose 50% in just one month

The token of the decentralized crypto exchange Uniswap (UNI) has risen 50% in price over the past month and has doubled since the beginning of June, outpacing all major cryptocurrencies in terms of growth. As of July 31, the price of UNI approached $ 4.6, whereas in early June, the token was trading near its six-year low of about $ 2.3. By comparison, Bitcoin and Ethereum have risen by only 9% and 20%, respectively, since the beginning of July.

In the long term, the picture is much more modest. Since the start of this year, the token has fallen by nearly 25%, and since the start of 2025—by nearly 70%. However, the sharp rebound itself has caught the market’s attention.

Uniswap remains the largest decentralized exchange (DEX) with a daily trading volume of $ 1.5 billion and user deposits totaling over $ 3 billion as of the end of July 2026. In terms of volume, it is comparable to leading centralized exchanges— Binance, OKX, Bybit, and Coinbase.

One of the key catalysts for growth was the launch in late July of a new product, Permissioned Pools—an institutional solution for managing regulated assets, including tokenized stocks and funds. Securitize, the issuer of BlackRock’s BUIDL fund backed by U.S. Treasury bonds, served as a partner. The system verifies wallet authorization at the smart contract level, allowing transactions only to trusted addresses. «The next generation of value is coming to the blockchain. And it’s trading on Uniswap,» the platform’s developers stated. Earlier, in June, analysts at the British bank Standard Chartered predicted that UNI would rise to $ 100 by 2030, attributing this to the growth of the tokenized real-world assets (RWA) market, where Uniswap is seen as one of the main beneficiaries.

The launch of U.S. brokerage Robinhood’s blockchain network in July provided an additional boost for UNI. The Robinhood Chain is specifically focused on tokenized real-world assets, and from day one, Uniswap became the primary trading platform on this network. In less than a month, Uniswap’s trading volume on the Robinhood network reached nearly $ 13 billion—more than a quarter of the platform’s total volume across all blockchain networks.

Another factor supporting the token’s price is the UNI token burn program, launched in late 2025 as part of the UNIfication initiative. A portion of the protocol’s revenue is allocated to buying back and burning tokens, which potentially reduces their supply on the market. The Uniswap burn address already holds nearly 108 million UNI. After July 27, when the exchange introduced an additional fee collection system in Uniswap v4, the daily burn volume effectively tripled—to $ 325,000 per day.

However, the new fees sparked controversy within the community. Liquidity providers claimed that the additional fees were causing them to lose out on revenue. Uniswap founder Hayden Adams publicly dismissed these concerns as «misinformation,» explaining that providers still receive their 30 basis points, while the protocol adds only 5 b.p. on top, which accounts for about 14% of the total fees.