Uniswap V4 Dominates Tokenized-Stock Liquidity Market with 31% Share
Uniswap V4 is rapidly gaining traction in the tokenized-stock liquidity market, capturing approximately 31% of the $192.6 million market with its $59.1 million in liquidity.
This significant influx of liquidity has made Uniswap V4 a more appealing option for traders, translating into increased investor activity and higher trading volumes.
The platform's growing dominance is also reflected in its revenue, which recently surged towards $600,000 per day, with an annualized run rate near $220 million.
As the fee switch takes place, UNI burns are expected to increase, reducing supply and potentially strengthening token value capture. Uniswap V3 currently supports daily burns of around $598,000, while Uniswap V4 is already generating over $10 million in daily fees, creating a considerable revenue gap.
The recent accumulation by BitMEX cofounder Arthur Hayes has also added to UNI's demand, with him receiving 244,406 UNI worth $1.73 million through Flowdesk and transferring $250,000 USDC to FalconX, leaving additional purchasing capacity for future purchases.