Uniswap's fee switch is a watershed moment for DeFi. For years, $UNI has been the valuation black hole of the entire DeFi space. Massive market cap, highest dominance, yet lacking true value capture. Uniswap is the most successful application in the history of decentralized trading. But due to the absence of a revenue-sharing mechanism, institutions and serious capital have always struggled to price it. Now, the game has completely changed. They’ve rolled out all the key moves at once: Directly activated the fee switch (revenue sharing) Released a complete roadmap Gradually phasing out the Labs entity Paired with retroactive token burns This is a structural revaluation. Not a short-term event, but a narrative shift. You could say this is the most important protocol proposal in history. $UNI has finally become a token that excites people. This isn’t a “sell the news” situation, but the beginning of a value capture mechanism officially going live. Just like $HYPE, $UNI will become the easiest on-chain fundamental asset for institutions and high-net-worth investors to understand and enter.