Uniswap's UNI token dropped 29% over the four-week period from September 26 to October 24, while Uniswap's total liquidity remained near $4 billion. The liquidity figure reflects asset values tracked by DefiLlama rather than net deposits into the protocol.
The broader crypto market also saw significant declines during the same window, with Bitcoin falling 4.2% and Ether dropping 12%.
UNI Plunges 29% in Four Weeks as Uniswap Liquidity Holds Near $4B
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