Weekly Price Movements:
The surprise launch of UNI tokens was big news. Uniswap distributed 150m UNI to historical liquidity providers and users of its platform and started a liquidity mining program. Within hours, it was listed on several major exchanges including FTX. It started trading around $3 and traded as high as $8.50 on Saturday before coming down a bit.
Inflows into WBTC intensified, with over 20,000 being minted this week. It got listed on more exchanges and was often trading as high as 50 bps over BTC.
- FTX launched UNI markets (futures and spot)
- FTX launched HGET spot market
- FTX launched UBXT spot market
- FTX launched CREAM markets (futures and spot)