A major global bank just put a $100 price target on a DeFi token trading around $2.71. That’s not a typo.
Standard Chartered initiated coverage of Uniswap’s UNI token on June 15 with what can only be described as a very ambitious forecast. The bank projects UNI could reach $100 by the end of 2030, roughly a 40x increase from current levels. The thesis rests on one big bet: that tokenized real-world assets will flood into decentralized finance over the next several years, and Uniswap will be the venue where much of that activity happens.
The numbers behind the call
Geoff Kendrick, head of digital assets research at Standard Chartered, laid out a detailed roadmap with interim price targets along the way. The bank expects UNI to hit $6.50 by the end of 2026, $20 by the end of 2027, $40 by 2028, and $65 by 2029, before reaching the $100 target in 2030.
According to the report, Standard Chartered expects tokenized assets in DeFi to grow from roughly $340 billion today to $4 trillion by the end of 2028. The proportion of tokenized assets that actually participate in DeFi is projected to rise from about 3.5% currently to 30% by 2030. That shift would push total value locked across DeFi to approximately $2.7 trillion, a 37-fold increase from where things stand today.
