As decentralized exchanges (DEXs) continue to play a pivotal role in the crypto landscape, several native tokens are gaining momentum this month. This article spotlights the top DEX tokens to watch June 2025, including Uniswap (UNI), SushiSwap (SUSHI), and PancakeSwap (CAKE)—each making headlines with key updates and price actions.
1. Uniswap (UNI): Leading the DEX Evolution
Uniswap remains the dominant DEX by trading volume on Ethereum. Its governance token, UNI, has become a staple in DeFi portfolios. Recently, the buzz surrounding Uniswap v4 – which introduces hooks and improved gas efficiency – has reignited investor interest.
- Current Price: $7.4
- Weekly Range: $6.85 – $8.02
- Update: Uniswap v4’s testnet has seen positive developer feedback, potentially boosting UNI’s utility and long-term valuation.
As one of the key DEX tokens to watch June 2025, UNI is expected to benefit from both technical upgrades and Ethereum’s broader momentum.
2. SushiSwap (SUSHI): Rebuilding and Expanding Incentives
SUSHI has undergone a major protocol transformation in recent months. Once criticized for governance issues, SushiSwap has now introduced new staking and yield farming programs to reignite user activity and liquidity.
- Current Price: $0.62
- Weekly Range: $0.60 – $0.71
- Update: Sushi’s Trident AMM framework and cross-chain expansion have shown signs of recovery in TVL and trading volume.
For traders watching DEX tokens to watch June 2025, SUSHI’s performance in the next few weeks will indicate whether the recent rebrand and incentives are enough to regain relevance.
3. PancakeSwap (CAKE): BNB Chain’s Flagship DEX Innovates
CAKE continues to lead the charge on BNB Smart Chain with the rollout of PancakeSwap v3, featuring concentrated liquidity and improved LP incentives.
- Current Price: $2.41
- Weekly Range: $2.38 – $2.63
- Update: CAKE is expanding beyond BNB Chain, launching multi-chain support with Arbitrum and Ethereum.
Among the DEX tokens to watch June 2025, CAKE offers a strong alternative for users seeking low gas fees and fast execution on non-Ethereum chains.
Why These DEX Tokens Matter This June
The third week of June brings several factors that amplify attention on these tokens:
- Uniswap v4’s timeline may accelerate bullish sentiment for UNI.
- SushiSwap’s renewed incentive structure is gaining traction among DeFi communities.
- PancakeSwap’s multichain strategy aligns with current trends in cross-chain interoperability.
Together, UNI, SUSHI, and CAKE represent the most active and innovative DEX tokens to watch June 2025.
Final Thoughts
As the decentralized finance (DeFi) space evolves, tracking key DEX projects can provide early entry opportunities for savvy investors. Whether you’re bullish on Uniswap’s governance, optimistic about Sushi’s comeback, or intrigued by PancakeSwap’s cross-chain push, these tokens offer potential in the coming weeks.
Always do your own research (DYOR) before investing, and keep an eye on market sentiment and protocol developments.
