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Uniswap (UNI) Rips 13.5% Higher as DeFi Tokens Outpace Legacy Markets—Again

Uniswap (UNI) Rips 13.5% Higher as DeFi Tokens Outpace Legacy Markets—Again

Author:
CoindeskEN
Published:
2025-05-09 13:11:26
13
2

While Wall Street debates rate cuts, the CoinDesk 20 index quietly notches another bullish session—led by UNI’s double-digit surge. DeFi’s liquidity backbone flexes as traders ditch order books for AMMs. Even the SEC’s looming shadow can’t shake crypto’s favorite zero-intermediary narrative.

Funny how ’unregulated’ protocols keep outrunning their KYC-laden counterparts. Maybe efficiency wins when you cut out the middlemen—and their 30% vig.

9am CoinDesk 20 Update for 2025-05-09: full chart

Leaders: UNI (+13.5%) and NEAR (+11.7%).

Laggards: BCH (-0.6%) and POL (+1.1%).

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

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