Uniswap v4 TVL Tops $1B as Cumulative Volume Hits $110B — UNI Tests Resistance

Uniswap v4 has surpassed $1 billion in TVL and $110 billion in cumulative trading volume. UNI is now approaching key resistance near $11.30—what’s next for DeFi's leading DEX?

Jul 28, 2025 - 06:43
Uniswap v4 TVL Tops $1B as Cumulative Volume Hits $110B — UNI Tests Resistance

Uniswap is trading at $11.02, up 4% in the past 24 hours and 60% over the past month, as it continues to push against resistance levels. 

Summary
  • UNI trades at $11.02, up 60% in July, with volume and open interest rising.
  • Uniswap v4 TVL reaches $1.03B and cumulative volume exceeds $110B.
  • Bullish setup remains intact with key breakout level at $11.30.

During the past seven days, Uniswap’s Uniswapuni3.78%Uniswap price has fluctuated between $9.78 and $11.30, with recent gains driven by increased trading activity and momentum across decentralized finance. Open interest has increased by 4.76% to $754.7 million, while daily trading volume has increased by 25% to $427.5 million.

This rise in capital and active positions suggests that investors are again confident in the current upward trend. Despite some profit-taking risk, the market structure remains bullish above the $10 level.

Uniswap v4 on-chain metrics surge

The ongoing expansion of Uniswap v4 supports the move. The cumulative trading volume has surpassed $110 billion, and the total value locked has crossed $1.03 billion. The 30-day decentralized exchange volume is currently $26 billion, based on data from DeFiLlama.

Most activity is concentrated on Unichain, Uniswap’s native layer 2, which accounts for roughly 75% of all trades. Ethereum’s share has fallen below 20%.

More than 2,500 liquidity pools have deployed custom Hooks. Protocols such as Bunni and EulerSwap have each surpassed $1 billion in volume. Unichain’s low fees and fast block times have helped make it the third-largest layer 2 by usage. 

Uniswap v4 launched on January 31 across 10 networks, including Ethereum Ethereumeth3.88%Ethereum, Arbitrum Arbitrumarb4.81%Arbitrum, Base, and BNB Chain BNBbnb6.87%BNB. July upgrades included expanded smart wallet support, cross-chain integrations with Hyperbridge and LayerZero (ZRO), and over 640 million total swaps processed.

Uniswap technical analysis

UNI is trading at $11.03, below its upper Bollinger Band at $11.63, and just below its most recent peak of $11.30. At 71.30, the relative strength index indicates that the market is overbought. The 20-day SMA of $9.73, which currently serves as support, is still well above the price.

UNI’s pattern points to a staircase-like upward move with slight consolidations, which is common with strong uptrends. However, short-term profit-taking could result from an RSI above 70 for a sustained period without consolidation.

The uptrend might continue as long as UNI remains above important moving averages and volume sustains the bullish momentum. The next resistance level is close to $12 if UNI breaks above $11.30. If the market continues to rise above this level, it may eventually reach $13–$14. 

On the downside, a pullback toward $9.70–$10 could be triggered by a rejection at resistance when the RSI cools off, but if it holds, the structure would remain bullish.

Gulfam Ali The need for intelligent, informed, and interesting content is more than ever as the Bitcoin ecosystem develops and grows. Gulfam Ali is a committed cryptocurrency writer who adds nuance and understanding to the convoluted realm of blockchain technology and digital currencies. Passionate about blockchain technology, cryptocurrency markets, and decentralized finance (DeFi), Gulfam Ali has become a respected industry voice by generating excellent guides, articles, analysis, and thought leadership material.