Can Uniswap Maintain Its Lead Over Ethereum Until October 19?

Quick Read

• UNI surged 111% in one month, fueled by an SEC tokenized-stock exemption and CME's announcement of UNI futures launching October 19.

• CME's previous futures listings triggered drops of 35% to 38% in Cardano and Chainlink before launch, a pattern that UNI's recent 15% single-day decline already appears to mirror.

• UNI must shed nearly 45% against ETH in just 25 days to erase its 67% yearly lead, which makes a full reversal unlikely but leaves a painful pullback looking plausible.

Uniswap (CRYPTO:UNI) is surging, up about 67% in 2026, while Ethereum (CRYPTO:ETH), the blockchain on which Uniswap operates, is down about 9%. As of September 24, UNI is priced at $9.25 and ETH at $2,694, with the gap between the two cryptocurrencies growing most significantly in September.

In the past month, UNI has more than doubled, boasting an impressive 111.2% increase compared to ETH's modest 7.9%. However, UNI fell sharply by 11.5% in a single day after reaching $10.93 on September 23. With CME Group planning to list UNI futures on October 19, the question arises: Can Uniswap maintain its lead over Ethereum through this upcoming listing?

Uniswap Doubled in a Month on an SEC Exemption and a CME Listing