Uniswap’s UNIfication

Hyperliquid’s machine

Tokenomics: UNI vs HYPE

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Development comparison

Conclusion

Hyperliquid

Uniswap

Hyperliquid vs Uniswap: Comparing 2025 Buyback Models

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Uniswap’s long-delayed fee switch finally goes live, burning UNI through protocol revenue. Hyperliquid takes the opposite path — a fully automated buyback engine consuming 97% of fees. Both aim to turn DeFi volume into value.

What Are Airdrops

History of Airdrops

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Landmark Airdrops of the Past

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Airdrop Categories in 2025

Top 2024 crypto airdrops ranked by TGE valuation in a bar chart

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Weekly volume on perpetual DEXs rose 782% YoY, led by Hyperliquid

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Evolution of the Airdrop Format

Telegram Mini App Boom After the Launch of Notcoin

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Most Anticipated and Talked-About Airdrops of 2025

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Auroracoin

OMG Network

Arbitrum

Aptos

Arkham

Notcoin

Dogs Community

Gamified maze path leading to a treasure chest, symbolizing the journey to crypto airdrop rewards

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Airdrops in 2025 are evolving fast — testnets, point systems, social quests, and trading campaigns now dominate the landscape as users chase high-value rewards in the most anticipated season of the year.

2025 Airdrops Guide: Testnets, Points, and Profit Paths

Understanding Token Sales Mechanics

ICO History of the 2017–2018 Boom

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Reasons for the Decline of ICOs: Regulation and the Howey Test

Airdrops Instead of Token Sales

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The Return of the ICO Trend in 2025

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Infographic of top public token sales in June 2025 including Perena, Enso, and Hana.

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Notable Launches of 2025

How to Participate in an ICO (Using CoinList as an Example)

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What’s Next for ICOs

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Ethereum

Tezos

Optimism

Pump.fun

Rocket labeled ICO 2.0 launching with a green check shield icon

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ICOs are making a comeback in 2025, fueled by a bullish market, retail demand, and new platforms like Sonar. With projects like Plasma and Pump.fun raising hundreds of millions, token sales are evolving—not disappearing.

ICOs Are Back in 2025 with New Rules and Bigger Demand

Uniswap is a decentralized protocol for automated liquidity provision on Ethereum.

"Uniswap (UNI) is now available on CoinBene... Trading UNI/USDT: 16:00 on Sep.21, 2020 (GMT+8).

CoinBene Listing

"Important note for @melonprotocol managers - Please claim your fund's $UNI tokens before Weds, Sep 23rd, 2020 at 8AM (CEST)."

UNI Claim Deadline

"The first project to launch on Supercharger is Uniswap (UNI) with a $500,000 USD allocation."

Crypto.com Listing

"We've Just Added New Spot & Contract Trading Listings to our Platform!"

Phemex Listing

"Consensus unites professionals across the globe for an immersive virtual experience, Exploring the Evolution of Cryptocurrency"

Consensus 2021

"Mainnet Launch Is Scheduled for May 5, with a Scalable Optimism L2 Deployment Set to Follow Soon After."

Uniswap V3

"The deposit mode for $UNI/EUR has been extended! The market will go live on the 1st of September at 10:30 CEST."

BitpandaPro Listing

"The Blockchain for Europe Summit will take place on 8-9 June 2021 virtually and as you can see from the 2021 programme..."

Blockchain for Europe Summit 2021

"Charm is hosting a panel discussion on DeFi Innovations on 29th July, 1pm UTC, with panelists from @perpprotocol, @Uniswap..."

DeFi Innovations

Blockchain Oracle Summit: Berlin from June 7th to 9th at Hotel Berlin, Berlin.

Blockchain Oracle Summit

"Converge22 is a gathering for change makers, looking to build what's next in Web3."

Converge22

ETH Dubai conference in Dubai from March 15th to 16th.

ETH Dubai

Consensus 2023 in Austin, Texas from April 26th to 28th.

Consensus 2023

FT Live Crypto & Digital Assets Summit in London from May 9th to 10th.

Crypto & Digital Assets

Epic Web3 Conference in Lisbon, Portugal and online.

Epic Web3 Conference

DC Blockchain Summit in Washington, DC USA.

DC Blockchain Summit

EthGlobal Lisbon in Lisbon, Portugal from May 12th to 14th.

EthGlobal Lisbon

ETHGlobal Tokyo in Tokyo, Japan from April 14th to 16th.

ETHGlobal Tokyo

"The most prestigious Web3 summit in Europe, gathering the brightest minds for meaningful conversations and collaboration."

Proof of Talk

"We're launching a new vault called Real Yield UNI on June 5th. The yield comes from an arbitrage between LST DeFi and ETH borrowing costs."

Sommelier Real Yield UNI

Point Zero Forum at the Circle Convention Center, Zurich Airport, Switzerland from June 26th to 28th.

Point Zero Forum

"The Ethereum Community Conference (EthCC) is the largest annual European Ethereum event focused on technology and community."

ETHCC 6

Token 2049 Asia at Marina Bay Sands, Singapore from September 13th to 14th.

Token 2049 Asia

"... Insightful discussions and networking opportunities, diving into hot topics like the future of MiCA and the AML Package, as well..."

Blockchain for Europe

"Join 7000+ crypto enthusiasts and builders September 11-13th in Austin, TX. This 3 day experience is filled with keynotes from Web3..."

Permissionless 2023

Mainnet 2023 in New York, New York, USA from September 20th to 22nd.

Mainnet 2023

The conference focuses on technical innovations in the blockchain ecosystem... Arrillaga Alumni Center, Stanford University.

SBC 2023

Hayden Adams

General partner at Andreessen Horowitz (a16z)

Arianna Simpson

0xSun

Mando

Keyboard Monkey

0xMaki

Advisors

Investors

Team

Governance

United States of America

Andreessen Horowitz, often referred to as "a16z," is a prominent venture capital firm based in Menlo Park, California. It was founded in 2009 by Marc Andreessen and Ben Horowitz, both of whom are well-known figures in the tech industry. Andreessen Horowitz is one of the leading venture capital firms in Silicon Valley and has gained a reputation for its investments in technology companies, particularly in the areas of software, internet, and more recently, blockchain and cryptocurrency.

Andreessen Horowitz (a16z)

Paradigm is a cryptocurrency-focused investment firm and venture capital company. It was founded by Matt Huang and Fred Ehrsam, both of whom have significant experience in the cryptocurrency and blockchain industry. Paradigm is headquartered in San Francisco, California, and is considered a prominent player in the digital asset and blockchain investment space.

Paradigm

Polychain Capital is a cryptocurrency-focused investment management firm and hedge fund. It was founded in 2016 by Olaf Carlson-Wee, who was the first employee at Coinbase and is known for being one of the earliest advocates of cryptocurrencies and blockchain technology. Polychain Capital is headquartered in San Francisco, California, and is considered one of the prominent players in the cryptocurrency investment space.

Polychain Capital

Variant is an early-stage fund investing in web3. They believe the next generation of the internet will transform users into owners. They back mission-aligned founders at the earliest possible stage

Variant

SV Angel is a San Francisco-based venture capital firm. SV Angel supports entrepreneurs in building sustainable companies by helping them through key inflection points and using our network to help them grow their businesses.

SV Angel

Sale Link

Series B

https://tokentuesdays.substack.com/p/exploring-gitcoin-grants-for-open-source-funding

Grant

Community Token Distribution

Seed

Canada

Version One Supports mission-driven founders who pioneer new areas.

Version One Ventures

Union Square Ventures (USV) stands as a leading venture capital firm renowned for its strategic investments in groundbreaking technology companies. Established in 2003 by Fred Wilson and Brad Burnham, the firm has been a consistent player in the ever-evolving landscape of early-stage and growth-stage investments.

Union Square Ventures

An early stage venture capital firm investing in consumer and enterprise technology companies

a_capital

ParaFi Capital is an alternative investment firm focused on blockchain and decentralized finance markets.

ParaFi Capital

NON-fungible Chan

Switzerland

Traditional VC investor into digital assets. We invest globally into outstanding founders building next generation of financial services.

RockawayX

India

Cognisa Capital is a diversified investment Fund that is focused exclusively on blockchain opportunities.

Cognisa Capital

Blockchain Capital is a venture capital firm specializing in investments in blockchain technology and cryptocurrencies. It was founded in 2013 by Bart Stephens and Brad Stephens, and it's headquartered in San Francisco, California. Blockchain Capital is one of the earliest and most well-known venture capital firms dedicated exclusively to the blockchain and cryptocurrency space.

Uniswap UNI

Market Cap

FDV

Performance vs.

Investors

X Followers

X Performance

Latest UNI Research

Hyperliquid vs Uniswap: Comparing 2025 Buyback Models

2025 Airdrops Guide: Testnets, Points, and Profit Paths

ICOs Are Back in 2025 with New Rules and Bigger Demand

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