Uniswap's price has risen 100% since August 14. Robinhood Chain now generates two thirds of Uniswap's earnings. DefiLlama data shows Robinhood Chain traded $17.99 billion in August. August volume was 26% higher than July's. On September 1, Dune data showed $1.75 billion of the chain's $1.95 billion volume passed through Uniswap pools. Wallets rose 22% since August 1. Volume rose 7.9 times. Trading per wallet rose to about six times its prior level. Robinhood Chain is an Arbitrum Orbit chain. Arbitrum receives 10% of Robinhood Chain's net revenue. That net revenue reached $1.32 million in 30 days. Uniswap collected $78.73 million in trading fees on Robinhood Chain over the same period. That amount was 60 times Arbitrum's share. Robinhood Chain accounted for 66% of Uniswap's earnings across 47 chains. Uniswap charged 0.465% of each dollar traded on Robinhood Chain. The global rate was 0.214%. One of the two highest Uniswap v4 tiers charged 84 basis points on Robinhood Chain. The other charged 351 basis points. One corresponding Ethereum rate was 45 basis points. The other was 241 basis points. Tokenized stocks accounted for under 0.1% of volume in mid August. Their share reached 4.1% on September 1. Uniswap generated $119.3 million in 30-day fees. Only $9.45 million reached UNI holders through the burn approved last December. That represented 7.9% of total fees. Aerodrome passes 70% of fees to holders. GMGN passes 82%. Whale wallets bought 257,777 UNI as September opened. Uniswap later traded at $5.73. The token was down 2.1% day-on-day. It had risen from $3.16 on August 14 to $6.38. Buying increased into the peak. Selling stayed below August 24 levels. A daily close above $6.20 would confirm the bull flag and open $7.06, which is 23% higher. A move below $5.67 would invalidate the flag. A break below $4.35 would erase the setup.
Uniswap Price Surges 100% Amid Robinhood Chain Fee Growth
NS3Share
Summary
Uniswap price jumped 100% since August 14, per NS3, fueled by on-chain data showing rising Robinhood Chain activity. DefiLlama reports $17.99 billion in August volume, with 66% of Uniswap’s earnings from this chain. Dune analytics show $1.75 billion of the chain’s $1.95 billion volume went through Uniswap pools on September 1. Uniswap earned $78.73 million in 30 days on Robinhood Chain, versus $1.32 million on Arbitrum. Tokenized stocks’ volume share climbed from under 0.1% to 4.1% in a month.
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