UNI Retests $3.90–$4.20 Breakout Support as Whale Order Sizes Rise
Perps remain net-long with 56% of open interest on the long side and funding has stayed positive for weeks.
Uniswap (UNI) is currently trading at $3.96, with a market capitalization of $2.47 billion, ranking #39 among all cryptocurrencies. Over the past 24 hours, Uniswap is up 5.00%, trading between a low of $3.70 and a high of $4.05, with $363.20 million in trading volume. Uniswap's all-time high was $44.92, reached on May 2, 2021. Its all-time low was $1.03 on September 16, 2020. Looking at broader trends, UNI has gained 23.20% over the past 7 days and is up 4.00% over the past 30 days. There are currently 623.59 million UNI in circulation out of a maximum supply of 1.00 billion.
Perps remain net-long with 56% of open interest on the long side and funding has stayed positive for weeks.
Votes running July 19–26 are framed as a potential catalyst for higher UNI burn, but implementation details remain unspecified.
The push starts with V2/V3 on Robinhood chain and expands to V4 across seven major networks as LPs debate competitiveness.
The study estimates ~29.4% of liquidity sat out of range on average, and Uniswap v4 hooks showed no idle-yield impact at the time.
Token Terminal and DefiLlama data show fast-rising users, fees, and TVL on the Arbitrum-based L2 that uses ETH for gas.
Deribit skew eased from “extreme fear,” but puts still trade at a 9% premium as ETH tests the $2,000 narrative.