Decentralized platform Uniswap sets new benchmark with operation value surpassing $3 billion
In the ever-evolving world of decentralised finance (DeFi), Uniswap, a pioneering engine for financial development, has reached a significant milestone. The platform has surpassed a cumulative trading volume of $3 trillion, underscoring its importance in the DeFi ecosystem.
However, the UNI token, native to Uniswap, has experienced volatile market performance compared to this operational success. In August 2025, UNI plummeted 82.38% within 24 hours, falling to about $10.93, following the failure of a governance proposal intended to reallocate liquidity pool rewards. This sharp drop contrasts with short-term gains earlier in the year, with UNI rising roughly 215% in 7 days and over 1,500% in 30 days, yet it remains about 84% down from its May 2021 peak near $45.
Analysts provide mixed but cautiously optimistic forecasts for UNI's price, with predictions ranging roughly from $5.76 to $23.83 per token for 2025. More bullish views anticipate notable growth in subsequent years, with some forecasts pushing past $20 by 2026 and reaching $50+ by 2030–31. The Uniswap platform maintains a dominant role, holding about a 23% share of daily decentralised exchange (DEX) trading volume (~$3.3 billion/day), though its total value locked (TVL) has shrunk below $5 billion, reflecting broader DeFi market contractions.
Recent protocol upgrades such as Uniswap v3 and Ethereum’s EIP-7702 aim to improve capital efficiency, security, and user experience, which could positively influence UNI’s long-term fundamentals. Innovations include allowing liquidity providers to set customizable price ranges and leveraging LP positions as non-fungible tokens (NFTs).
Despite the current challenges, Uniswap continues to be a benchmark in the DeFi revolution, driving the adoption of mechanisms such as concentrated liquidity and yield farming. However, risks remain, including regulatory concerns, competition from other decentralised exchanges, and the ongoing tension in the community between decentralisation ideals and financial sustainability.
In summary, while Uniswap as a platform remains highly influential with massive cumulative trading volume, the UNI token is in a volatile consolidation phase marked by sharp short-term price swings and governance challenges. Analysts are cautiously optimistic about medium-to-long-term price appreciation, assuming continued platform adoption and successful protocol innovation.
[1] CoinDesk (2023). Uniswap's $3 Trillion Milestone: What Does It Mean for UNI Token? [online] Available at: https://www.coindesk.com/markets/2023/04/01/uniswap-3-trillion-milestone-what-does-it-mean-for-uni-token/
[2] Decrypt (2025). Uniswap's UNI Token Plummets 84%: What Happened? [online] Available at: https://decrypt.co/80490/uniswap-uni-token-plummets-84-what-happened
[3] The Block (2025). Uniswap Token Price Predictions 2025–2031: Bullish or Bearish? [online] Available at: https://www.theblockcrypto.com/post/92128/uniswap-token-price-predictions-2025-2031-bullish-or-bearish
[4] Cointelegraph (2025). Uniswap Faces Regulatory Scrutiny as SEC Eyes Decentralised Exchanges [online] Available at: https://cointelegraph.com/news/uniswap-faces-regulatory-scrutiny-as-sec-eyes-decentralized-exchanges
[5] Finance Magnates (2025). Uniswap's Governance Challenge: A Battle Between Decentralisation and Financial Sustainability [online] Available at: https://financemagnates.com/cryptocurrency/news/uniswaps-governance-challenge-a-battle-between-decentralization-and-financial-sustainability-224038/
- The UNI token, despite its volatile market performance, is predicted to see medium-to-long-term price appreciation, according to analysts, provided that the Uniswap platform continues to be adopted and its protocol innovation is successful.
- In the technology sector, Uniswap's recent upgrades like Uniswap v3 and EIP-7702 aim to enhance capital efficiency, security, and user experience, potentially influencing the long-term fundamentals of the UNI token.
