we all know how $UNI token did, but how about its ecosystem now?
i checked what @uniswap has been doing lately & the updates are spread across almost every part of the ecosystem
wallets, APIs, new chains, v4 hooks & tokenized assets are all moving at the same time
join me to discover what they've been up to 🧵👇
i'll go through:
→ the bigger direction
→ app & wallet
→ the api push
→ v4 hooks
→ unichain
→ tokenized assets
→ ecosystem builders
▫️the bigger direction
uniswap has been quite busy lately, mostly building around the protocol & expanding where its liquidity can be used.
the current stack looks something like this:
• v2, v3 & v4 provide liquidity
• UniswapX handles auction-based execution
• the uniswap api gives apps access to routes
• Across helps w/ crosschain swaps
• unichain protocol gives the ecosystem its own L2
the bigger move seems to be distribution.
uniswap liquidity can now appear inside wallets, fintech apps, AI agent systems & institutional products, even if users never open the uniswap app.
▫️app & wallet
in june, uniswap added a bunch of UX updates.
u can now:
• create a wallet using a passkey, FaceID or TouchID
• use the same wallet across devices
• track realised & unrealised P&L
• combine balances from different chains
• do crosschain swaps in one action
the wallet uses Privy infra, while crosschain routes use Across + the uniswap protocol.
the app currently supports several chains, including ethereum, unichain, Arbitrum, Base, Optimism, zkSync, Linea, MegaETH & others.
▫️the api push
the uniswap api is slowly becoming one of the main parts of the ecosystem.
metamask added it as a swap provider in march.
by june 1, the integration had already processed:
• $126M+ in volume
• 585K+ swaps
• 251K+ wallets
• around 31% of metamask swaps on ethereum mainnet
metamask compares different providers, so uniswap gets the trade when its route gives the best result.
Privy, Zerion, OKX, Ledger, Fireblocks, Talos & Anchorage Digital also use the api in different ways.
uniswap also opened its developer platform.
more than 3,000 api keys were created since the beta started.
devs can access swap routes across 18+ chains, manage LP positions, claim fees & connect AI agents to uniswap.
▫️v4 hooks
v4 is becoming the programmable part of the system.
hooks allow pools to run extra logic around swaps, fees or liquidity.
current examples include:
• dynamic fees
• allowlists & KYC rules
• MEV protection
• permissioned pools
• automated liquidity management
• external liquidity routing
the uniswap ffoundation said more than 1,500 builders joined v4 programs during 2025.
▫️unichain
unichain now uses 200ms Flashblocks.
this gives txs early confirmations before the full block finishes.
the chain currently shows around 391M transactions & more than 6.4M wallets.
fair block building & Flashblocks are live, while wider Superchain connections are still being worked on.
▫️tokenized assets
uniswap recently added tokenized securities to the app, wallet & api.
this includes tokenized versions of companies like apple, tesla, NVIDIA & SpaceX, depending on location, KYC & issuer rules.
uniswap says RWA pools already processed more than $9.1B in volume across 2.6M+ transactions.
BlackRock's BUIDL fund also became tradable through UniswapX for approved users.
▫️ecosystem builders
some v4 projects are testing pretty different ideas:
• Angstrom works on MEV-protected liquidity
• Panoptic built passive, single-sided liquidity products
• M0 uses permissioned hooks for stablecoins
• OpenZeppelin is building reusable hook contracts
and that's a wrap! follow @raares for more updates of the uniswap's ecosystem