DeFi Splits as Raydium Rises and Uniswap, Jupiter Fall
As of 15:00 UTC on 07 Oct, CMC’s top 10 was unchanged, while DeFi showed opposing rank moves: Raydium climbed and…
UNI is the native governance token of Uniswap, a decentralized exchange built on the Ethereum blockchain that operates as an Automated Market Maker. Rather than relying on traditional order books, Uniswap uses smart contracts and liquidity pools to enable users to swap ERC-20 tokens directly from their wallets. As a governance token, UNI gives holders the ability to vote on proposals that shape the future direction of the protocol, including decisions about the allocation of the community treasury, changes to fee structures, and the implementation of technical upgrades. Since its launch, Uniswap has become one of the most widely used decentralized trading venues in the Ethereum ecosystem, and UNI has been extended across a broad range of networks, including Layer 2 solutions like Optimism, Arbitrum, and Polygon, as well as alternative chains such as Avalanche, BNB Chain, and Harmony. The token is also associated with Uniswap's own Unichain network. By placing protocol governance in the hands of its users, UNI represents a foundational element of the broader decentralized finance movement.
As of 15:00 UTC on 07 Oct, CMC’s top 10 was unchanged, while DeFi showed opposing rank moves: Raydium climbed and…
5M $UNI (≈42.6M) moved from Coinbase Institutional to unknown wallet.
5M $UNI (≈43.1M) moved from Coinbase Institutional to unknown wallet.
5M $UNI (≈43.2M) moved from Coinbase Institutional to unknown wallet.
The warning puts credit unions’ $2.48 trillion in assets at the center of a debate over whether traditional lenders can adapt to blockchain finance.
The half-million UNI buy is small in absolute terms, but routing through Flowdesk rather than a retail venue reads as institutional-grade positioning, not degen rotation.
5M $UNI (≈44.9M) moved from #Uniswap to Coinbase Institutional.
2.5M $UNI (≈22.5M) moved from #BitGet to unknown wallet.
The staff guidance favors buybacks on functional networks, but it is nonbinding and does not give token holders a claim on protocol revenue.
Sustained ETF inflows and a break above the 50-week moving average are strengthening the bullish case, even as high yields and crypto-specific shocks remain risks.
The multi-asset withdrawal puts a newly created wallet in focus, though the transfer alone does not establish whether the funds are headed for long-term holding.
The single-trade purchase adds a notable accumulation signal after UNI’s decline, but it represents one whale’s positioning rather than proof of a broader reversal.
The wallet bought 788,000 UNI at $6.26 and exited near $8.85, banking a 40% gain in under a week as large holders rotate capital back into DeFi blue chips.
The world's largest futures venue keeps widening its regulated crypto lineup, with 24/7 trading already averaging $8.3B in daily notional volume through the first half of 2026.
The derivatives giant is extending its regulated crypto complex to two assets institutions have never had CME-grade hedging tools for, with both standard and micro contract sizes on day one.
The world's largest derivatives venue pushing past its Bitcoin and Ether core is a fresh institutional validation for tokens well outside the majors, and a signal regulated demand for altcoin…
Withdrawals from Bybit, OKX, Binance and Gate account for most of the haul, while Galaxy Digital sent another 130,000 UNI.
The setup rests on a shift from years of liquidity contraction to expansion, but $87K resistance, oil risk and sharp pullbacks remain key tests.
Bitcoin has outpaced gold, stocks and Nvidia, while an SEC tokenization ruling adds a regulatory catalyst for Ethereum and the wider crypto market.
The week pairs a post-rate-hike crypto rebound with a five-year SEC pilot for tokenized stocks and macro data that could reset expectations for policy and risk.
UNI is the governance token for Uniswap, an Automated Market Marker DEX on the Ethereum blockchain.
Uniswap (UNI) is categorised as: Automated Market Maker (AMM), Andreessen Horowitz (a16z) Portfolio, Huobi ECO Chain Ecosystem.
The official Uniswap site is https://uniswap.org/.
Most recent Uniswap coverage: "DeFi Splits as Raydium Rises and Uniswap, Jupiter Fall" — read at /en-US/a/defi-splits-as-raydium-rises-and-uniswap-jupiter-fall.