Uniswap: $8B FDV, $20B volume last month. Ekubo: $50M FDV, $4B volume last month. A 160× lower valuation for just 5× less volume. Something’s clearly happening with Ekubo. 🧵🔽

Within its first month, Ekubo captured 75 % of Starknet’s DEX volume. By November 2023 → 80 %. By mid-2025 → 8.5 % of all Ethereum DEX volumes in just six months. For context, Uniswap V4 only dropped slightly from 12.6 % → 12.4 % during that same period.

Ekubo’s performance comes from 3 major design leaps: → Singleton architecture – batches all pool actions into one contract call, saving ~3× gas. → Nano-ticks (0.0001 bp spacing) – CEX-level precision and ultra-low slippage. → Hook extensions – live plug-ins for TWAMMs → about 3.5× higher LP yields than Uniswap V4.

I really like the simplicity of the tokenomics, unlike Uniswap’s slow and complex token path: → 100 % of supply already in circulation → 33 % public airdrop | 33 % DAO sale | 33 % team (no-sell agreement) → Zero vesting and no future emissions No unlocks, no VCs, and a fee-backed buyback mechanism.

LPs earn ~3.5× 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 what’s most striking are the numbers: → 30-day volume: $3.8 B (July 2025 run-rate ≈ $4.9 B) → FDV-to-volume multiple: 0.01× vs sector median 0.17× – 0.35× At peer multiples, Ekubo would easily trade between a $1B – $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 that’s 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