
UNI Slides 29% in Four Weeks as Uniswap Liquidity Holds Near $4B
- —UNI lost 29% of its value over four weeks
- —The token underperformed both BTC and ETH
- —Uniswap liquidity remains steady at about $4 billion
Why it matters: A falling token price alongside stable liquidity points to weakness in UNI's tokenomics rather than capital leaving the protocol.
Source: The Defiant