Cryptocurrency analytics company Santiment analyzed the exchange activity of four altcoins in the decentralized finance sector. According to the analysis, Uniswap (UNI) and Curve (CRV) recorded their highest exchange outflows of 2026 in the last 24 hours, while DeXe (DEXE) and Injective (INJ) saw high-volume exchange inflows.
According to Santiment data, approximately 8.4 million UNI and 9.8 million CRV tokens were withdrawn from cryptocurrency exchanges in just 24 hours. The company stated that the withdrawal of tokens from exchanges could reduce the supply available for sale in the short term, easing selling pressure on prices.
The developments on the Uniswap side coincided with expectations regarding protocol fees and the token burning mechanism, the launch of Robinhood Chain, support for tokenized assets, and Spark’s transfer of $150 million in liquidity to Uniswap v4. According to Santiment, these developments brought decentralized exchange infrastructure back to the market’s forefront.
Curve’s exchange exits were assessed as presenting a more positive outlook due to the recovery in the protocol’s core operations. Santiment highlighted the reduction in crvUSD printing costs, the rebuilding of PegKeeper reserves, the increase in veCRV distributions, and the momentum in Llamalend V2 as key developments.
The analytics firm noted that the delisting of tokens from exchanges as usage rates and fee revenues rise could indicate that investors are holding onto their positions or accumulating rather than preparing to sell.
In contrast, a more cautious outlook emerged for DEXE and INJ. The recent inflow of approximately 261,000 DEXE and 1.8 million INJ to exchanges resulted in the highest exchange inflows for both altcoins in 2026. Santiment warned that these movements could increase the risk of short-term selling.
Injective is noted for its inclusion in Binance.US spot trading and for its futures products regulated by the US Commodity Futures Commission, supporting institutional access. DeXe, on the other hand, is said to offer a strong use case as a governance token. However, according to Santiment, the price outlook for both altcoins may remain fragile until the large amount of supply transferred to exchanges is absorbed.
