Uniswap (UNI) Leads Market Slide: CoinDesk 20 Assets Bleed as UNI Plunges 11.4%

DeFi's darling stumbles—hard. The CoinDesk 20 index took a broadside today as Uniswap's governance token led the retreat with an 11.4% nosedive. No asset escaped the carnage.

Blood in the water

UNI's drop mirrors a sector-wide rout—proof even decentralized finance isn't immune to good old-fashioned panic selling. The usual suspects (liquidity crunches, whale movements) get blamed, but let's be real—this is crypto. Reasons are optional.

Silver lining playbook

For degenerates still scrolling: double-digit dips create entry points. Just don't cry when the 'free market' decides your UNI bags need rebalancing—again. Remember kids, 'volatility' is Wall Street speak for 'we have no clue either.'

Leaders: BTC (-1.8%) and LTC (-1.9%).

Laggards: UNI (-11.4%) and ICP (-8.2%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.