Uniswap Adds 13,137 New Addresses in Its Biggest Growth Spike Since 2020

Uniswap, a decentralized exchange, added 13,137 new UNI addresses, its biggest growth spike since September 2020, while daily active addresses reached 14,591, the highest in a year. The increase followed Uniswap v4 upgrades: VolatilePair Hooks, launched October 14 for an Ethereum mainnet ETH/USDC pool, replaced static swap fees with dynamic buy and sell fees recalculated on each swap to reduce liquidity providers’ arbitrage losses. A week later, Aggregator Hooks made external liquidity from Curve, Fluid and PancakeSwap accessible as v4 pools, with those routed trades incurring fees that contribute to UNI burns. Unichain is set to receive its OP Enterprise upgrade on October 29.