Uniswap’s native token UNI surged 13% in 24 hours to $4.54, a six-month high, pushing its monthly gains to 60%. The rally followed the beta launch of a new “Launches” tab on Uniswap’s Web App, which aggregates top token offerings from launchpads, starting with Robinhood Chain. Over 340,000 new tokens launched on Uniswap across Robinhood launchpads in July, generating $3.6 billion in trading volume. Separately, 106,000 UNI tokens were burned on July 29. Founder Hayden Adams addressed community concerns about the new v4 protocol fee structure, calling it additive and clarifying that the 5-basis-point fee is about 14% of total swap fees, not LP earnings.
Uniswap’s native token, UNI, rose 13% over the past 24 hours to reach $4.54 – a level not seen since January this year. The latest rally has lifted the asset’s gains over the past month to 60%.
The move came as Uniswap announced the beta launch of a new tab on its Web App for discovering top token offerings. For now, Robinhood Chain is the first network featured in the new tab, but more networks are expected to be included.
Uniswap said launchpad builders such as Bankr, Pons, Long, and others are using the platform as their trading infrastructure. The company added that Launches will give these projects more distribution. The feature currently includes token releases on Robinhood Chain, with more to come.
According to the platform’s stats, more than 340,000 new tokens launched into Uniswap across Robinhood launchpads in July alone. These collectively generated $3.6 billion in trading volume. The new Launches tab pulls tokens from top launchpads into a single feed, allowing users to filter or sort by 24-hour volume, liquidity, recently debuted, or trending.
The burn was another notable development for UNI this week, as 106,000 units were destroyed on July 29. That comes as the protocol faces renewed debate over its v4 fee structure. Some community members raised concerns that protocol fees could reduce returns for liquidity providers and push liquidity toward competing exchanges.
Uniswap founder Hayden Adams pushed back against what he called the “FUD and misunderstanding” around the changes. He said the new protocol fees are additive, meaning liquidity providers would continue earning the same 30 basis points on a 30bp pool. He also rejected claims that the protocol would take 25% of LP profits, and explained that a 5bp protocol fee on a 30bp pool amounts to about 14% of total swap fees, not LP earnings that already existed.
Adams also argued that the 5bp fee is significantly lower than the 100-200bp fees charged by centralized exchanges. The protocol has also been caught up in a wider wave of crypto scams targeting users through fake websites. Earlier this year, a fake Uniswap website was draining funds from crypto wallets. Experts warned that scammers had stolen at least $400,000.
The warning followed a broader report from security group SEAL, which found a sharp rise in malicious Google Ads targeting crypto users. SEAL blocked more than 356 malicious ad URLs tied to scams impersonating Uniswap and other major platforms. Uniswap was the most impersonated, accounting for 41% of tracked malicious sites. Losses linked to the campaigns exceeded $1.27 million between March 13 and March 30.
