UNI has dropped 29% over the past four weeks, trailing both Bitcoin and Ether over the same period. Even with that weaker token performance, Uniswap continues to hold roughly $4 billion in liquidity, pointing to a gap between the market action in UNI and the capital still sitting on the decentralized exchange. TheDefiant framed the move as a case of token underperformance rather than a broad collapse in platform liquidity. The report did not add further figures beyond UNI’s four-week decline, its relative lag versus BTC and ETH, and Uniswap’s current liquidity level.
UNI has fallen 29% over the past four weeks, underperforming both Bitcoin and Ether.
At the same time, Uniswap still holds about $4 billion in liquidity.
According to TheDefiant, the token’s weaker price action has not been matched by a comparable drop in liquidity on the Uniswap protocol.
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