UNI climbed above $4 as Uniswap added a token discovery hub and expanded fee-driven buybacks and burns on v4 pools and Robinhood Chain.
UNI rose above $4 after gaining more than 9% in 24 hours and around 18% over the past week, as traders responded to a new token discovery product and changes to Uniswap's revenue model. Uniswap Labs launched Launches, a token discovery hub in the Uniswap Web App that aggregates new token listings from multiple launchpads and debuts on Robinhood Chain, where the company said more than 340,000 token launches and $3.6 billion in trading volume were recorded in July. The product rollout came days after Uniswap governance approved, with 97% support, an expansion of the protocol fee mechanism to v4 pools and Robinhood Chain, directing part of revenue to buy and burn UNI through TokenJar smart contracts. Earlier reporting had shown 142,000 UNI in buy volume on Robinhood Chain since the fee switch went live on July 27, while DeFiLlama data showed Uniswap generated about $5.2 million in protocol fees in a 24-hour period earlier this month, including roughly $4.4 million from Robinhood Chain. Market participants also highlighted a $2.2 million TokenJar transaction as the largest UNI buyback-and-burn event since late 2025. UNI was trading around $4.46 after breaking above the previously watched $4.05-$4.10 resistance zone.