Uniswap (UNI) Surges 4.3%: DeFi Giant Propels CoinDesk 20 to New Highs

DeFi's favorite decentralized exchange isn't just surviving the bear market—it's thriving. Uniswap's UNI token just clocked a 4.3% gain, single-handedly dragging the CoinDesk 20 index into the green while traditional finance bros stare at their Bloomberg terminals in confusion.

Why it matters: When the 'blue chips' of crypto start moving, the whole market pays attention. UNI's rally suggests institutional money might finally be figuring out what 'permissionless' means—though we'll believe it when they stop calling every blockchain 'the Bitcoin.'

The kicker: This isn't just a token pump. Volume on Uniswap's protocol has been creeping up for weeks, proving that even when prices stagnate, real DeFi users keep swapping. Take that, Wall Street.

Leaders: UNI (+4.3%) and POL (+2.8%).

Laggards: AVAX (-1.9%) and DOT (-0.9%).

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