Summary
- UNI experienced a substantial rise in the last 24 hours, outperforming Bitcoin and Ethereum.
- This increase follows a report from Standard Chartered predicting a nearly 40-fold increase to $100 by 2030 as Wall Street embraces on-chain technology.
- Uniswap has recently launched tokenized stocks, including those of SpaceX, Apple, Tesla, and NVIDIA, across its app, wallet, and API.
The governance token for the decentralized exchange Uniswap, UNI, surged significantly in the past day, reaching a local peak of $3.70, which is its highest point in over a month.
As of the latest update, Uniswap is trading at $3.63, reflecting a 19.8% increase for the day and a 48.4% gain over the week, according to CoinGecko data. This performance has boosted Uniswap's market capitalization to approximately $2.26 billion, with a 24-hour trading volume nearing $864 million, as institutional enthusiasm grows around this DeFi leader.
The primary driver behind this surge can be traced to a research note from Standard Chartered, authored by Geoff Kendrick, the bank's global head of digital assets. He set a target price of $100 for UNI by 2030, suggesting a nearly fortyfold increase, alongside a projection of $6.50 by the end of the year. Kendrick emphasized that traditional finance should view Uniswap "less as a retail DEX app and more as market infrastructure," comparing Uniswap to YouTube and Coinbase to Netflix.
Kendrick also noted that Uniswap is "uniquely positioned to scale" as the demand for tokenized assets in DeFi continues to grow, with its neutral, rules-based automated market maker likely to serve as the liquidity layer for institutions.
Standard Chartered anticipates that DeFi will manage $2.7 trillion in assets by 2030, which could potentially lead to a 37-fold increase in the trading volume for Uniswap pools. Additionally, a forthcoming "UNIfication" upgrade in late 2025 is expected to implement a fee-switch mechanism that will reduce the total supply by approximately 1% annually, decreasing it from 1 billion to around 895 million tokens.
This surge coincides with Uniswap's launch of tokenized securities on June 12, which allowed trading of tokenized stocks from companies like SpaceX, Apple, Tesla, and NVIDIA through its app, wallet, and API. The company described this launch as a "small fraction of what’s coming," highlighting over $9.1 billion traded in real-world asset pools prior to the launch of tokenized securities on its platform.
Moreover, researchers are also building a fundamentals case for Uniswap. Lorenzo Valente from ARK Invest pointed out that Uniswap achieved a record trading volume of $125 billion in October 2025, and has since regained its position as the leading DEX, capturing 25-30% of total trading volume and generating nearly half of all gross spot trading fees in the sector. Over the past month, the protocol is estimated to be on track to burn about 2% of its total supply, with the token now "fully aligned with the protocol as the single source of value accrual."
Some of these opportunities will become clearer over the next 12 months, but @Uniswap posted its record monthly trading volume of $125B less than a year ago, in October 2025.
It has regained share recently and now sits in the 25-30% range of total DEX volume, having reclaimed… https://t.co/DxpyeniVNe pic.twitter.com/VxXe7cbMS7
— Lorenzo Valente (@LorenzoARK) June 15, 2026
Despite this momentum, UNI is currently trading at a multi-year low, significantly below its all-time high of $44.92 reached in May 2021. Kendrick has also identified potential risks, including niche competitors and the standardization of compliance regulations as traditional finance entities prepare to enter the tokenization market.
This recent growth follows BlackRock's decision in February to make its BUIDL tokenized money market fund available via UniswapX, which Uniswap Labs stated was a strategic investment in the Uniswap ecosystem.