Uniswap
Why Uniswap is up 1.2% in the last hour
Analysis
Uniswap (UNI) rose about 1.2% over the past hour, likely extending momentum from news that BlackRock and Securitize are tapping Uniswap to enable direct onchain trading of BlackRockβs tokenized BUIDL fund. The development was reported as boosting UNI sharply on the day, and the continued attention around institutional DeFi integration appears to have supported the shorter-term uptick.
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.