Statistics: Uniswap
1. Market Overview
Uniswap V4 reports a Total Value Locked (TVL) of $1.71B. Over the last 24 hours, the protocol registered a significant trading volume of $1,432,542,343. The TVL experienced a -3.72% decrease in the same 24-hour period. These figures demonstrate a substantial market presence and active trading environment.
2. Capital Efficiency
The protocol exhibits a high 24-hour Volume-to-TVL ratio of approximately 0.838 ($1.43B / $1.71B). This indicates strong capital utilization, with nearly 84% of the locked capital being turned over within a single day. Such high turnover suggests robust trading activity relative to pooled liquidity, potentially offering attractive fee generation for liquidity providers, though specific revenue data is unavailable.
3. Liquidity & Pair Spread
Uniswap V4 lists 2,277 distinct coins across 4,692 trading pairs, indicating a broad and diversified market offering. The liquidity, however, is highly concentrated. The top three chains β Ethereum, Base, and Arbitrum β collectively hold $1.455B, representing 85.1% of the total TVL. Ethereum alone accounts for $1.01B or 59.06% of the total TVL.
4. Chain Dominance
Ethereum maintains clear dominance, hosting $1.01B (59.06%) of the protocol's TVL. Layer 2 solutions Base and Arbitrum follow as significant contributors, with $230.0M (13.45%) and $215.5M (12.60%) respectively. The BNB Chain (Binance) holds a notable $99.3M (5.81%), followed by BOB with $48.9M (2.86%). This distribution highlights a strategic multi-chain deployment with a strong core on Ethereum and significant traction on scaling solutions.
5. Analyst Verdict
Uniswap V4 demonstrates strong market traction with a substantial $1.71B TVL and high daily trading volume. The 24-hour Volume-to-TVL ratio of 0.838 points to excellent capital efficiency. The protocol has undergone 2 audits, suggesting a commitment to security. However, the absence of reported 24h revenue/fees and a Trust Score prevents a comprehensive assessment of financial performance and external confidence. The significant TVL decline of -3.72% within 24 hours warrants monitoring, but the overall trading activity indicates a mature and highly utilized DEX ecosystem.