Uniswap
Why Uniswap is up 1.8% in the last hour
Analysis
Uniswap (UNI) rose 1.8% over the past hour as traders reacted to governance discussions about activating protocol fees across all v3 pools and expanding v3 to eight additional chains, a development that could strengthen the protocol’s revenue and growth narrative. The move appears tied to this upgrade-related catalyst reported by The Block.
Contributing Factors (1)
Uniswap governance considers activating protocol fees on all v3 pools, expanding to eight additional chains
Uniswap's community is mulling expanding protocol fees to bolster revenue collection across all remaining v3 pools on the Ethereum mainnet.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.