Following a significant daily price gain, traders are watching whether the recent decline in trading volume will reverse.
UNI shows strong daily price gains
UNI's price increased by
↗8%
over the last 24 hours, a gain that was larger than the broader crypto market's
↗0.70%
increase. This performance also outpaced competitor AERO, which saw a
↗7%
rise in the same period.
Trading volume declines despite recent gains
This price surge occurred as daily trading volume for UNI decreased by
↘17%
. Despite the decline, UNI maintained its position as a top-three DeFi asset by daily trading volume.
Weekly and monthly performance show a mixed picture
Over the past week, UNI's price is up
↗11%
, though this trailed the
↗18%
gain seen by competitor 1INCH. Looking at the last month, UNI's price fell
↘18%
, which was a smaller drop than the DeFi category's average decline of
↘25%
.