Uniswap TVL on BNB Chain surges 104% in a week to $437M

Uniswap's BNB Chain growth is outpacing the chain's own expansion, with its seven-day gain far exceeding BSC's network-wide TVL base and the broader DEX volume increase — a sign the venue is taking share within BSC rather than simply riding a chain-wide inflow. That matters for liquidity composition on BSC, where Uniswap is not the incumbent DEX, and for how concentrated trading activity becomes as volume rotates. Whether the surge reflects durable liquidity migration or a short-lived incentive-driven spike is the open question; the 213% thirty-day figure suggests momentum built before this week, so the next read is whether TVL holds as volume growth decelerates.