Uniswap: $8B FDV, $20B volume last month.
Ekubo: $50M FDV, $4B volume last month.
A 160Ă lower valuation for just 5Ă less volume.
Somethingâs clearly happening with Ekubo. đ§”đœ
Within its first month, Ekubo captured 75 % of Starknetâs DEX volume.
By November 2023 â 80 %.
By mid-2025 â 8.5 % of all Ethereum DEX volumes in just six months.
For context, Uniswap V4 only dropped slightly from 12.6 % â 12.4 % during that same period.
Ekuboâs performance comes from 3 major design leaps:
â Singleton architecture â batches all pool actions into one contract call, saving ~3Ă gas.
â Nano-ticks (0.0001 bp spacing) â CEX-level precision and ultra-low slippage.
â Hook extensions â live plug-ins for TWAMMs
â about 3.5Ă higher LP yields than Uniswap V4.
I really like the simplicity of the tokenomics, unlike Uniswapâs slow and complex token path:
â 100 % of supply already in circulation
â 33 % public airdrop | 33 % DAO sale | 33 % team (no-sell agreement)
â Zero vesting and no future emissions
No unlocks, no VCs, and a fee-backed buyback mechanism.
LPs earn ~3.5Ă higher fee yields than on Uniswap V4 and the protocol captures value through a small withdrawal fee, already >$1.2M in revenue.
Traders pay less overall, LPs earn more, and the DAO builds a self-funded treasury via on-chain TWAMM rebalancing.
Now that Bitcoin is part of @Starknet staking mechanism, Ekubo is positioned to become the #1 on-chain hub for BTC trading.
Its architecture supports instant BTC/ETH, BTC/USDC, and cross-asset pools with CEX-level execution and ZK-secured settlement.
But whatâs most striking are the numbers:
â 30-day volume: $3.8 B (July 2025 run-rate â $4.9 B)
â FDV-to-volume multiple: 0.01Ă vs sector median 0.17Ă â 0.35Ă
At peer multiples, Ekubo would easily trade between a $1B â $10B valuation today.
Right now, Ekubo is deeply undervalued but has huge room to grow.
With the potential to process $30B in monthly ETH DEX volume and reach at least $1B FDV, it has a massive upside thatâs well within reach, and its Starknet potential makes it greater.
There are also discussions about open-sourcing the contract, which would be a great move.
That's a wrap!
Mention some CTs friends:
@0xJok9r
@belizardd
@AlphaFrog13
@zucl1ck
@Mr_Lumus
@poopmandefi
@defiprincess_
@Hercules_Defi
@Only1temmy
@TweetByGerald
@0xAndrewMoh
@Haylesdefi
@DeRonin_
@kem1ks
@cryppinfluence
@0xDefiLeo
@alphabatcher
@DOLAK1NG
@splinter0n
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