Uniswap rallies as SEC tokenized-stock framework puts permissioned AMMs in focus

  • UNI rallied sharply as the SEC introduced a temporary framework for qualifying permissioned AMMs trading tokenized stocks.
  • Uniswap reported $10 billion in cumulative Robinhood stock-token volume, while two wallets withdrew 1.07 million UNI worth about $8.38 million from exchanges.
  • The framework lasts five years, does not specifically approve Uniswap, and UNI's breakout above $7.515 faced overbought conditions and possible correction risk.

UNI rallied as the U.S. Securities and Exchange Commission's Innovation Exemption created a temporary, conditional framework for qualifying venues to facilitate trading in tokenized National Market System stocks through permissioned automated market maker liquidity pools. Reports cited different market snapshots, including a 28.2% 24-hour gain to $8.76 on September 18 and a later 19.11% gain to about $7.91, with volume up 67.13% to $1.25 billion. The SEC document referenced Uniswap v4's Permissioned Pools as compliant AMM infrastructure, but did not specifically approve Uniswap, Uniswap v4 or UNI. Uniswap said Robinhood stock tokens had generated $10 billion in cumulative volume on its platform, while two wallets withdrew 1.07 million UNI worth about $8.38 million from Binance, Bybit and OKX. Technical indicators showed a breakout above $7.515, an RSI of 76.25 and a potential higher-timeframe target near $11.024, although correction risk remained.

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