Uniswap Taps into $11T Token Market with Permissioned Pools
Uniswap has launched its first permissioned pools in partnership with Securitize, Superstate, and Dowgo to bring regulated assets on-chain. This move is aimed at capturing a fraction of the expected $11 trillion tokenized market boom by 2030.
The new pools will be available on Uniswap V4 and will restrict swaps and liquidity linked to tokenized stocks and ETFs to an allowlist of approved wallets. Any sanctioned entity will automatically be flagged and blocked, making it a more centralized approach for compliance checks.
According to DeFiLlama, the Uniswap protocol has generated $5.6 billion in fees since activating protocol fees across various versions and chains, mostly going to liquidity providers. The push for protocol fees could help drive revenue for the UNI buyback program, which has burned around 6-8 million UNI so far this year.
UNI's recent rally on Robinhood Chain fueled a 61% surge from June lows, with an additional 12% upside potential to reach $4.17 if it extends its gains.