There is such a tweet on twitter.

#How to double your Ethereum value#

The tweet included different investment options ranging from 1x to 10x.

1x: Spot.

1.1 times: ETH collateral.

2-4 times: ETH futures and DeFi blue chips.

5-10 times: DeFi mid-cap value stocks.

10x: ETH options.

Among them, Uniswap is listed in the 2-4 times investment options.

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(Picture: TOP10 Global Digital Currency Market Value Public Account: Benbai Finance)

According to tokenterminal data, the average market value of encrypted assets in the DeFi field is $3,284,129,385. It can be seen that Uniswap occupies an absolute leading position and cannot be shaken.

For investors, the essence of value investing is nothing more than performing the right investment operation at the right time, so as to obtain the maximum return on investment.

We have heard too many fanatics shouting for the price of digital assets, 100,000 US dollars, a hundred times, or even a thousand times.

For Uniswap, $100 may be the future value that some Uniswap investors expect. Will the price of Uniswap come as expected?

In traditional finance, investors often refer to P/S (market-to-sales ratio) to evaluate the future growth expectations of assets. P/S (Price to Sales Ratio) is an indicator that compares the market value of an asset with its revenue. Simply put, take Uniswap as an example, that is what the market is willing to pay for every dollar earned in transaction fees.

We can also directly call it "cost performance".

According to tokenterminal data, Uniswap's P/S (market-to-sales ratio) is 25.22. Since different DeFi projects cannot use P/S (market-to-sales ratio) data for comparison, they can only be compared with DEXs similar to SushiSwap. The P/S (market-to-sales ratio) of SushiSwap is 7.91, which is only three points of Uniswap one.

In addition, income is also a key factor in judging the value of DEX. Due to Uniswap's own AMM (automatic market maker), its income is the total income paid to liquidity providers.

okenterminal shows that in the past 30 days, Uniswap revenue totaled $94,258,969, far higher than the average DeFi revenue of $8,299,987. Among them, USDC-WETH has the highest proportion of income, accounting for 11.9% of Uniswap's total income. Since the launch of Uniswap, the cumulative revenue has reached $325,338,837, with a compound monthly growth rate of +116.07%.

In the Dex field, there are also trading volumes that must be considered. Trading volume is an important factor that directly reflects Dex liquidity results.

epilogue

epilogue

Uniswap has occupied a leading position in both Dex and DeFi fields. This time the market value has risen to the top 10 global encrypted assets, which shows its great potential.

On March 4th, the Uniswap team released a poll on Twitter about the "first read when V3 was released", and the release of V3 has officially entered the countdown. At that time, with the release of Uniswap V3, the

The future value trend of $UNI will be clearer.