Uniswap
Why Uniswap is up 1.2% in the last hour
Analysis
Uniswap (UNI) rose 1.2% over the past hour, likely supported by renewed bullish sentiment after reports that BlackRock and Securitize are using Uniswap to enable direct onchain trading of BlackRock’s BUIDL fund. The integration narrative has helped drive demand for UNI, as highlighted by coverage noting a sharp UNI reaction to the news.
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.