Standard Chartered Bank has just released an ambitious forecast for UNI, the Governance Token of the decentralized exchange protocol Uniswap, suggesting that the asset could grow to $100 by the end of 2030. If this scenario materializes, UNI would increase by approximately 40 times from its current price, reflecting the bank's strong belief in the future of the decentralized finance (DeFi) sector.
In a newly published research report, Standard Chartered officially began tracking Uniswap and assessed it as one of the projects most favorably positioned to benefit from the real-world asset Tokenize (RWA) trend. According to the bank, as more and more traditional assets are moved onto the blockchain, the demand for decentralized trading platforms will grow strongly, creating long-term momentum for Uniswap.
Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered, believes that the next wave of massive wealth creation in the cryptocurrency market may not come from Bitcoin or underlying blockchains, but rather from DeFi protocols themselves.
He stated that the market is entering a phase where traditional financial assets such as bonds, stocks, investment funds, private credit, and real estate are increasingly Tokenize . In that context, protocols providing liquidation and transaction infrastructure like Uniswap will become direct beneficiaries.
According to Standard Chartered's estimates, the value of Tokenize assets on the blockchain is currently around $340 billion and could increase to nearly $4 trillion by the end of 2028. Notably, the proportion of these assets used in DeFi applications is projected to increase from approximately 3.5% currently to 30% by 2030.
Combined with the growth of native crypto assets, the total value of assets locked (TVL) in the DeFi sector could reach approximately $2.7 trillion by the end of this decade, equivalent to a 37-fold increase from the current value.
In this context, Uniswap is considered one of the protocols with the greatest potential to benefit from its massive Liquidity Pool system. As the amount of assets flowing into DeFi increases, the volume on the platform can also increase accordingly, driving up revenue and the value of the Uniswap ecosystem.
Standard Chartered forecasts UNI will reach approximately $6.50 by the end of 2026, rising to $2000 in 2027, $4000 in 2028, $650 in 2029, and reaching $1000 before the end of 2030. The report also suggests that UNI has the potential to outperform both Bitcoin and Ethereum over the same period.
Uniswap is considered the YouTube of the decentralized finance industry.
One of the notable points in the report is the comparison between Uniswap and Coinbase.
Geoffrey Kendrick argues that Uniswap is like YouTube, while Coinbase is like Netflix.
According to him, YouTube provides an open platform that allows anyone to create content and reach users. Similarly, Uniswap provides a decentralized trading infrastructure so that anyone can create Liquidity Pool, list Token , or build financial products on the platform.
In contrast, Coinbase operates like a traditional centralized exchange, where the entire infrastructure is managed by the company.
This model gives Uniswap significant Capital advantages, as the protocol doesn't need to provide its own liquidation but relies on its user community. This allows Uniswap to operate more efficiently and easily expand to new asset classes.
Furthermore, Uniswap is considered to have a significant advantage in trading highly similar assets such as stablecoins, Liquid Staking Token , or future Tokenize assets. These are segments projected to experience strong growth as traditional financial institutions begin implementing blockchain strategies.
Tokenize assets is becoming Wall Street's biggest race.
Standard Chartered's assessment comes amid a rapidly growing Tokenize asset market.
In 2025 and the first half of 2026, a number of major financial institutions such as BlackRock, Franklin Templeton, JPMorgan Chase, and Apollo Global Management accelerated their pilot programs and deployments of Tokenize assets on the blockchain.
BlackRock's BUIDL fund has become one of the most prominent examples demonstrating that traditional financial institutions are increasingly embracing blockchain as a next-generation financial infrastructure.
Many experts believe that if this trend continues to expand, DeFi protocols could play a similar Vai to financial exchanges in the traditional world, where trillions of dollars worth of assets are traded daily.
The new Token burning mechanism is reducing the supply of UNI.
In addition to the industry's growth prospects, Standard Chartered also highlighted significant changes in Uniswap's economic structure.
Prior to December 2025, all transaction fees on the platform were distributed to LP. However, the UNIFication update has enabled protocol fee collection and implemented an automatic UNI burning program.
Since then, Uniswap has generated approximately $21 million in protocol fee revenue while burning over 5 million UNI. The burning rate currently amounts to about 1% of the total supply per year.
Following the previous one-time burning of 100 million UNI , the total supply of the Token has decreased from 1 billion to approximately 895 million UNI. The number of Token in circulation is now only around 622 million UNI, contributing to deflationary pressure on this asset.
Risks still exist for Uniswap.
Despite offering a positive outlook, Standard Chartered also noted that Uniswap will still face many challenges in the coming years.
Competition from smaller DEXs could lead to market share fragmentation if rivals develop more effective, specialized products. Furthermore, attracting Tokenize asset Capital from traditional financial institutions will require Uniswap to expand its commercialization activities and build more strategic partnerships.
The bank also believes that the regulatory environment in the US will play a crucial Vai in the future of DeFi. Clearer regulations from the US Congress, as well as new guidance from the US Securities and Exchange Commission (SEC), could make protocols like Uniswap more accessible to institutional investors.
Furthermore, Uniswap V4's Hook system – one of the protocol's most significant technical improvements – has yet to be validated at the trillion-dollar scale that Standard Chartered expects to see by 2030.
