$UNI is one of my highest conviction bets in the Ethereum ecosystem, and I’ll explain exactly why
Uniswap is still the largest decentralized exchange on Ethereum, and it’s now live across 39 chains.
Recent developments make the case even stronger:
- In December 2025, Uniswap burned 100M $UNI, worth around $600M
- This month they partnered with BlackRock and enabled trading of tokenized assets
- In the last 30 days, users paid $76M in fees. That ranks Uniswap 6th among all crypto projects
- Now there’s an active vote to expand the fee switch across eight L2 chains, which could add another $27M