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UNI Surges by Around 14% in 24 Hours, Up Over 150% From Bear Market Low

BlockBeats News, September 2nd, according to HTX market data, UNI has surged by about 14% in the past 24 hours, currently trading at $6, marking an increase of over 150% from the bear market bottom price.


According to DeFiLlama data, the total DEX trading volume on the Robinhood Chain in the past 24 hours was approximately $16.73 billion, with Uniswap accounting for around $12.32 billion, representing about 73.6% of the Robinhood Chain DEX total trading volume.


In terms of fees, the Uniswap ecosystem has generated around $9.24 million in fees on the Robinhood Chain in the last 24 hours, with approximately $6.83 million from V4 and $2.24 million from V3.


Based on DeFiLlama's calculations, the Uniswap ecosystem's revenue on the Robinhood Chain in the past 24 hours is approximately $416,000, primarily from Uniswap V3.

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UNI price has recently surged, mainly driven by the significant increase in Uniswap trading volume and fee revenue on the Robinhood Chain, as well as the continuous burning of UNI through the protocol fee switch, enhancing the deflationary expectations for the token.
Uniswap governance for the distribution of token UNI
How can I confirm whether I can receive 400 UNI?
Relying on selling tokens to raise funds for the foundation in the absence of long-term empowerment of UNI tokens undoubtedly shifts the ecological operation costs to long-term holders of UNI tokens.
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