Santiment Records 2,295 New UNI Wallets in One Day, Highest Since November 2022
Key Facts
Santiment said the Uniswap network recorded 2,295 new UNI wallets in one day, its highest network growth since November 2022. The measure puts on-chain activity at its highest level in about four years, according to a note published on Santiment’s platform. The figure indicates that new wallets holding the token were created, but by itself does not prove their owners are new protocol users or that they made transactions on it. It also does not establish whether the wallets belong to independent individuals or a single entity managing multiple addresses. The jump therefore remains an indicator of wallet activity, while interpreting it as broader adoption requires other data.
The wallet surge announcement coincided with a modest move in UNI’s price over two consecutive daily closes. According to EL7 data, the token closed at $7.07 on October 23, compared with a close of $7.01 the previous day. The change shows the market’s position at the end of the session, not an intraday price or evidence that wallet activity drove the token higher. The available data do not include a trading-volume measure or analysis linking the price move directly to the increase in wallets. The price reading therefore remained within the range of the two cited closes, with no independent confirmation of a broader market response to the news.
Uniswap Labs announced on October 22 the launch of Aggregator Hooks as part of v4 on its app and API, with the feature available on the Ethereum, Base and Robinhood Chain mainnets. The company said seven liquidity sources were available at launch, covering more than 90% of decentralized trading activity on those networks. The tool combines external liquidity sources in v4 pools, allowing swaps to be routed through those sources within the protocol. The announcement came a day before the wallet measurement cited in Santiment’s note, but the source does not establish that the tool’s launch caused the jump. The wallet count alone also does not show how much Aggregator Hooks was used after launch.
According to Uniswap Labs, external liquidity sources routed into v4 pools pay protocol fees on swaps passing through them, contributing to UNI burns. The mechanism links swap activity to token use through fees and burns, but the announcement does not specify the fees or the number of tokens that could be burned as a result of using the tool. The mechanism’s description alone therefore does not support a quantitative conclusion about its effect on supply or price. V4’s design lets developers customize liquidity-pool features through hooks and manages pools through a single smart contract. That is the technical framework for the new routing tool, while its actual effect will depend on the activity it attracts.
Uniswap Labs said the protocol had processed more than $4.5 trillion in cumulative swap volume through October 22, a figure the company cited in the context of its position among decentralized trading platforms. This came alongside CME Group’s listing of UNI futures on October 19. The standard contracts are sized at 10,000 UNI, while the micro contract is sized at 1,000 UNI. The listing adds a venue for contracts tied to the token in the regulated derivatives market, but does not by itself show trading volume or open interest. These developments remain institutional and market context separate from the wallet measure tracked by Santiment.
On infrastructure, Uniswap’s documentation describes Unichain as an Ethereum layer-2 network dedicated to decentralized finance, with a one-second block time and 200-millisecond preconfirmations through Flashblocks. Uniswap Labs said the mainnet upgrade to OP Enterprise is scheduled for October 29, 2026. The company said native asset movement between Unichain and other OP Stack networks will follow the launch of the interoperability feature, beginning with ETH transfers without a bridge. The set date puts the upcoming upgrade among the network’s key anticipated developments. Available information does not link the upgrade to the increase in wallets recorded on October 23, nor does it specify an expected effect on UNI’s price.