Uniswap (UNI)

DEX Rank #25 🟡 MODERATE
6.0/10

Score Breakdown

Unlock7/10
Tokenomics6/10
Insider7/10
Onchain6/10
Dev Activity2/10
Revenue5/10
Institutional6/10
Etf6/10
Market Structure7/10
Security8/10

Analysis

Uniswap v4 launched on mainnet in February 2026 with hooks enabling customizable pool logic, driving TVL to over $8B. BlackRock's BUIDL fund ($3.8B) and Fidelity's FBTC became tradeable on Uniswap, marking major institutional adoption. The protocol generated $1.4B in fees in 2025, with token holders voting to activate fee switch on 12 additional chains. Unichain L2 processed 50M+ transactions in its first quarter. Regulatory clarity improved with the SEC's updated DeFi guidance favoring decentralized protocols.

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