Uniswap finally turns the fee switch
The post Uniswap finally turns the fee switch appeared com. This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Crypto markets were green on Monday as the longest-ever government shutdown in US history appears to be coming to an end. The headline news yesterday was Uniswap’s proposal to turn on the fee switch and unify ecosystem incentives. We also dive into Ore’s comeback, another clear case of sticky demand for -EV games in crypto. Indices Markets rallied on Monday as the Senate passed a bill to end the longest government shutdown in US history. The House of Representatives could pass the bill as soon as tomorrow, enabling President Trump to sign it into effect. If passed, the deal would extend funding through Jan. 30, 2026, with the federal government continuing to run at an $1. 8 trillion-per-year deficit. As seen above, Gold (+2. 51%) outperformed the major US equity indices and BTC (+1. 24%), gaining back momentum after three weeks of consolidation. Despite underperforming gold, bitcoin saw needed relief on Monday after two weeks of consecutive ETF net outflows totaling $2 billion. Nearly half of this figure came from BlackRock’s IBIT. It will be interesting to monitor whether ETF flows can regain momentum this week. Regarding cross-index performance, the clear outliers on Monday were the Ethereum and Solana Ecosystem indices, which rose by 7. 9% and 5. 2%, respectively. The best-performing asset in the Ethereum index was UNI, which rallied 40% on the day following a joint governance proposal by Uniswap Labs and the Uniswap Foundation to activate protocol fees. PUMP drove the majority of returns in the Solana index, up 9. 3% on the day. Pump’s daily buybacks have remained steadily above $1 million, with nearly 11% of the circulating supply offset since July. A win for token holder rights Uniswap has turned into the prime example of the conflicting equity-token. Continue reading Uniswap finally turns the fee switch