Uniswap Active Traders Surge to 220K After Robinhood Chain Integration

UNI News

Uniswap saw its daily active trader count jump to roughly 220,000 after its integration with Robinhood Chain went live, according to early on-chain data. The figure marks more than a tenfold increase from the prior week and coincided with cumulative Uniswap volume on Robinhood Chain reaching about 1 billion dollars. The move stitched Robinhood’s large retail user base directly into Uniswap’s on-chain liquidity, accelerating the shift from centralized order books toward decentralized venues. As a leading AMM, Uniswap lets users swap tokens without an intermediary, and the surge underscores how quickly a mainstream fintech funnel can reshape decentralized exchange activity.

Governance attention around Uniswap centered on a fresh proposal to extend the protocol’s UNIfication fee-burn program to v4 pools. The plan would broaden the mechanism that routes a share of protocol fees toward buying and burning UNI, while adjusting fee tiers across pools. Extending the burn to v4 — the latest iteration of the automated market maker architecture built around hooks and singleton contracts — would tie more of the protocol’s trading throughput to reduced UNI supply. Supporters argue the change aligns fee capture with token value, while the community continues to debate the precise rate parameters before any on-chain vote is finalized.

Elsewhere in decentralized governance, BonkDAO disclosed a malicious governance-proposal attack that drained roughly 21 million dollars in BONK from its treasury. According to the disclosure, the proposal was opened six days before voting, yet only seven addresses participated, with attacker-linked wallets casting about 99.88% of the weight. Security monitors reported that BONK briefly fell around 9% on the news, and that the attacker moved roughly 148,000 dollars of BONK to an exchange. BonkDAO said it is cooperating with exchanges, cross-chain bridges and law enforcement to trace funds, a reminder that low altcoin voter turnout remains a structural DeFi risk.

Infrastructure competition intensified as BNB Chain confirmed it is building a new Layer-1 purpose-built for AI-agent trading, targeting a testnet by late 2026 and mainnet in early 2027. The chain is designed for sub-50-millisecond pre-confirmation, 100,000 transactions per second and sub-second finality, and would remove the public mempool to curb front-running and sandwich attacks. Developers framed the goal as centralized-exchange-grade execution while preserving on-chain self-custody. The design signals how execution-quality demands from automated trading systems are pushing new base layers, a trend that directly pressures venues like Uniswap to keep optimizing on-chain settlement speed.

Cross-chain infrastructure also shifted, with Mantle announcing a migration of its Super Portal from the LayerZero OFT standard to Chainlink’s CCIP CCT standard. On-chain data shows more than 7.2 billion dollars in bridged and wrapped assets have migrated or been announced to move from LayerZero to Chainlink CCIP since May, spanning projects such as Kelp, Lombard, Solv Protocol and Kraken wrapped assets. Mantle, whose network holds over 2.5 billion dollars in total value locked, is porting its MNT cross-chain infrastructure. The reshuffle followed heightened scrutiny of bridge security after a bridging exploit earlier this year rattled cross-chain confidence.

On the regulatory front, prediction-market platform Polymarket is seeking U.S. approval to offer margin trading legally. The company applied on July 3 for a Futures Commission Merchant license through affiliated entity Coming Home GBA LLC, and would also need approval to amend its rulebook to permit non-fully-collateralized positions. Under U.S. rules, users of margin-based prediction products must complete additional identity verification, including employer information. The push reflects a broader move by crypto-native platforms to secure formal licensing rather than operate around it, a maturation trend that shapes how DeFi-adjacent venues, Uniswap included, plan their compliance posture.

On our reading of COINOTAG’s proprietary 42-indicator composite S/R scoring engine, UNI trades near 3.63 dollars, down about 3.07% on the day. The engine rates the 3.7325 dollar resistance at 100/100, driven by the confluence of the EMA 200, SMA 200 and VWAP, while the 3.4603 dollar support also scores 100/100 on ATR Lower, POC and volume nodes. Derivatives data shows a mildly positive 0.0041% funding rate, 130 million dollars in open interest and a long/short account ratio of 2.03 — roughly 67% long, a crowded stance despite RSI at 73.81 flashing overbought. With the Fear & Greed Index at 26 (Fear), a clean break above 3.73 dollars would open 4.04 dollars; losing 3.46 dollars invalidates the bullish thesis.