Uniswap
Why Uniswap is up 1.4% in the last hour
Analysis
Uniswap (UNI) rose about 1.4% over the past hour, likely extending gains after news that BlackRock and Securitize are tapping Uniswap to enable direct onchain trading of BlackRock’s BUIDL product. The announcement boosted sentiment around Uniswap’s role in institutional onchain liquidity, following reports that UNI surged on the headline.
Contributing Factors (1)
BlackRock, Securitize tap DeFi giant Uniswap for direct onchain BUIDL trading; UNI surges 20%
BlackRock is bringing its tokenized Treasury fund BUIDL to Uniswap through Securitize, marking its first direct DeFi trading integration.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.