Uniswap
Why Uniswap is up 4.2% today
Analysis
Uniswap (UNI) rose 4.2% over the past 24 hours as investors reacted to governance discussions that could improve the protocol’s value capture. The Block reported that Uniswap governance is considering activating protocol fees across all v3 pools and expanding to eight additional chains, a development that can be interpreted as a step toward broader adoption and potential revenue generation for the protocol.
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.