Standard Chartered Bank believes Uniswap’s UNI token could see massive growth over the next several years, potentially rising from around $2.70 today to $100 by the end of 2030.
The bank recently began coverage of Uniswap and described the decentralized exchange as one of the biggest potential winners as more financial assets move onto public blockchains and into decentralized finance (DeFi).
According to Standard Chartered, tokenized assets could grow from roughly $340 billion today to $4 trillion by the end of 2028. At the same time, a larger share of those assets is expected to be used within DeFi platforms. The bank estimates that total assets locked in DeFi could reach $2.7 trillion by 2030, nearly 37 times higher than current levels.
Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, said decentralized finance could become one of the biggest wealth-creation opportunities in the digital asset industry. If that happens, Uniswap’s trading pools would have access to significantly more capital and trading activity than they do today.
The bank’s forecast predicts UNI could reach:
- $6.50 by the end of 2026
- $20 by the end of 2027
- $40 by the end of 2028
- $65 by the end of 2029
- $100 by the end of 2030
Standard Chartered also expects UNI to outperform both Bitcoin and Ether during that period.
A major reason for the bullish outlook is Uniswap’s updated token model. In late 2025, the platform introduced a system that collects protocol fees and permanently burns UNI tokens. Since then, about 5 million UNI tokens have been removed from circulation, helping reduce overall supply.
The total UNI supply has also fallen significantly. A one-time burn of 100 million tokens, combined with ongoing burns, reduced total supply from 1 billion to around 895 million tokens. Circulating supply has dropped to roughly 622 million.
Recent activity has accelerated the trend. Earlier this month, the UNI Burn Bot reported a record daily burn of 134,000 UNI tokens, showing growing usage of the platform’s fee-burning mechanism.
Uniswap has also expanded its services beyond simple token swaps. The platform now offers wallet tools, cross-chain trading, portfolio tracking, and multichain portfolio management. The company says nearly half of all new traders on Ethereum, Arbitrum, and Base who made swaps in 2026 completed their first transaction through Uniswap.
Standard Chartered also compared Uniswap with Coinbase and argued that the decentralized exchange may be undervalued. While Uniswap processes transaction volumes similar to Coinbase, it operates with lower costs because users provide the liquidity instead of the company itself.
The bank believes future partnerships with traditional financial institutions could further strengthen Uniswap’s position, especially as tokenized real-world assets and stablecoins become more common.
However, risks remain. Competition from specialized decentralized exchanges, challenges in attracting traditional financial partners, and the need to prove the scalability of Uniswap’s latest technology could all affect future growth.
Despite those challenges, Standard Chartered believes clearer regulations and growing adoption of decentralized finance could create favorable conditions for Uniswap over the coming years, supporting its long-term growth outlook.
