DEX

Lighter’s LIT token climbed more than 13% in 24 hours as its perpetual futures volume hit a yearly high of $7.53 billion and grew 34% over the week. Despite this spike and retail long positions around $800 on Uniswap, LIT’s price remained trapped between $1.40 and $2.04 as whales continued to distribute tokens and hold profitable leveraged shorts.

UNI rebounded from a four‑month low of $2.8, defended $3, and climbed to a local high of $3.5 before a mild pullback. At the time of writing, it traded at $3.49, up 9.2%, with market capitalization above $2 billion. Exchange flows on the 6th–7th of February signaled strong outflows.

Vitalik Buterin has argued that Ethereum’s Layer 1 now scales well enough that Layer 2 networks should prioritize advanced features over pure throughput, while ENS has canceled its Namechain L2 to keep ENSv2 fully on mainnet. MetaMask has integrated tokenized U.S. stocks, ETFs, and commodities via Ondo Finance, and perpetual DEXs recorded $70 billion in trading volume on February 5, their second-largest day on record. These moves highlight Ethereum’s evolving scalability roadmap and the growing link between decentralized markets and traditional financial assets.

According to Ripple's Reece Merrick on Feb. 6, 2026, XRP is poised to underpin real‑world financial infrastructure, as RippleX's latest Institutional DeFi roadmap targets mainnet features in the coming months. Santiment reported XRP rebounded 25% from $1.11 to $1.55, and was up 9% over 24 hours to $1.41 while down 18% weekly.

Bitwise filed a registration statement for a spot Uniswap ETF with the U.S. SEC on Feb. 5. The proposed UNI fund would initially exclude staking and names Coinbase Custody Trust Company LLC as custodian if approved. UNI traded at $3.33, down 7.91% over 24 hours, while volume jumped more than 90% to $692.7 million.

On 6 February 2026, Bitwise filed an S-1 with the U.S. SEC for a spot Uniswap ETF that would hold UNI directly, with Coinbase Custody named as custodian if approved. Staking is excluded at launch but could be added in future amendments. UNI traded near $3.32 with a 0.72% intraday gain, yet remained down 8.09% over seven days and 21.73% over one month.

Polygon finished the fourth quarter of 2025 with a sharp rise in on-chain usage, led by payments, stablecoin flows, and tokenized real-world assets. The network handled about $3.50 billion in payment transfers and nearly $363 million via ten Mastercard and Visa card programs, while RWAs approached $1.10 billion and stablecoin supply neared 3 billion. MATIC's price, however, remained range-bound despite higher activity and a 44% increase in average daily DEX volume.

Bitwise submitted a registration statement to the SEC for a Uniswap-focused ETF on Thursday, according to the filing. The proposed fund would track UNI and launch without staking, with the option to add it later if approved, and lists Coinbase Custody Trust Company, LLC as custodian. Around the same time, UNI fell about 15% over 24 hours, while bitcoin dropped nearly 15% on Thursday.

On Feb. 4, the XRP Ledger activated Permissioned Domains with 91% validator approval. The upgrade adds on-ledger credentials to gate access, enabling regulated trading, payments, and future lending on a public chain. Data from RWA.xyz places tokenized real-world assets at about $24.11 billion, highlighting the feature’s institutional focus.

Ripple said on Wednesday that its institutional prime brokerage, Ripple Prime, has integrated Hyperliquid to provide access to on‑chain derivatives liquidity and cross‑margining for DeFi positions alongside existing assets. Following the update, HYPE advanced toward the $35 area after a roughly 64% two‑week gain, while XRP declined about 20% over the past week.