UNI jumped about 19% after voting opened on a proposal to enable Uniswap's protocol fee switch, even as the broader crypto market remained subdued. The vote could channel new revenue to the protocol treasury and reshape incentives for liquidity providers.
DYDX governance approved redirecting 75% of protocol revenue to token buybacks starting November 13, 2025, tripling the prior 25% allocation to address recent price weakness.
UNI jumped roughly 70% this week after Uniswap Labs and the Uniswap Foundation unveiled the 'UNIfication' governance proposal to activate protocol fees, triggering heavy whale buying and a spike in new wallets.