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Yuvi.
$UNI ，风险偏好回升是否真的意味着链上交易复苏？美股AI反弹改善了风险情绪，但DEX收入要由成交量和费率兑现。若现货与链上交易同步回升，治理代币的价值捕获更容易被重新讨论；若交易只集中在短期热点、费用没有持续性，我会避免把宏观反弹等同于协议现金流改善。
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