---
title: "Ethereum Token uPEG Sees Significant Market Cap Increase"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287164039.md"
description: "Ethereum token uPEG (Unipeg) saw a significant market cap increase on May 21, surpassing $10 million, with a peak at $10.5 million, reflecting a 36% rise in 24 hours and a trading volume of $2.3 million. Unipeg is based on Uniswap v4 Hooks, generating unique unicorn images after each liquidity pool swap."
datetime: "2026-05-21T05:54:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287164039.md)
  - [en](https://longbridge.com/en/news/287164039.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287164039.md)
---

# Ethereum Token uPEG Sees Significant Market Cap Increase

Ethereum ecosystem token uPEG (Unipeg) experienced a notable market cap increase on May 21, surpassing $10 million, according to BlockBeats On-chain Detection. The token's market cap temporarily reached $10.5 million, marking a 36% rise over 24 hours, with a trading volume of $2.3 million during the same period. Unipeg is an experimental on-chain object based on Uniswap v4 Hooks. After each swap in the liquidity pool, the Hook generates a unique unicorn image in real-time.

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