Uniswap's Incentive Campaign Drives TVL Surge, Boosts DeFi Growth

The decentralized finance (DeFi) space is witnessing a significant shift, with Uniswap's Unichain leading the way.

Since launching its incentive campaign on April 15, Uniswap’s Unichain has seen its Total Value Locked (TVL) rise past $250 million.

Most of the inflow went into v4 pools, which now hold over 6% of Uniswap’s total TVL.

Uniswap’s v4 pools have seen a major increase in liquidity since the platform launched its new incentive campaign on April 15, according to data from DeFi Llama.

After several months of stagnation around $150 million, Uniswap’s TVL has shot up quickly, largely due to the introduction of new liquidity incentives.

The move has brought in significant user engagement and capital influx into the platform, boosting the v4 pools and, in turn, the overall TVL across the UNI platform.

At present, v4 pools hold more than 6% of Uniswap’s total TVL, highlighting the successful rollout of the new pool version and the emerging preference for it among users.

The broader trend of net outflows from crypto exchanges and into DeFi continues, with the majority of the $134 million in net weekly inflows across the UNI ecosystem coming from Uniswap itself.

Meanwhile, Uniswap’s supply-side Annual Percentage Yields (APYs) are currently among the most attractive yield-generating products across any blockchain.

For liquidity providers, the current incentives on Uniswap offer some of the most lucrative returns available in the market, making it a compelling choice for those seeking high yield.