UNI

UniswapUNI

Rank #18
Token
On 473,871 watchlists

Uniswap Price (UNI)

$21.80
2.57%

0.0003837 BTC2.50%

0.004776 ETH2.56%

Low:$21.73
High:$23.04
24h
UNI  Uniswap UNI
Price:
$21.80
 2.57%
Market Cap
$13,686,360,354
2.57%
Market Cap / TVL Ratio
1.32
Fully Diluted Market Cap
$21,796,714,742
2.57%
Total Value Locked (TVL)
$10,390,321,891
Volume
24h
$473,438,221
5.89%
Volume / Market Cap
0.03459
Circulating Supply
627,909,321.01 UNI
63%
Max Supply
1,000,000,000
Total Supply
1,000,000,000
Sponsored

Uniswap to USD Chart

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UNI Price Live Data

The live Uniswap price today is $21.80 USD with a 24-hour trading volume of $473,438,221 USD. We update our UNI to USD price in real-time. Uniswap is down 2.57% in the last 24 hours. The current CoinMarketCap ranking is #18, with a live market cap of $13,686,360,354 USD. It has a circulating supply of 627,909,321 UNI coins and a max. supply of 1,000,000,000 UNI coins.

If you would like to know where to buy Uniswap, the top cryptocurrency exchanges for trading in Uniswap stock are currently Binance, Mandala Exchange, OKEx, CoinTiger, and FTX. You can find others listed on our crypto exchanges page.

What Is Uniswap (UNI)?

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.

An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.

Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.

In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future — an attractive aspect of decentralized entities.

Who Are the Founders of Uniswap?

Uniswap came about as a plan to introduce AMMs on Ethereum to a wider audience. The platform’s creator is Ethereum developer Hayden Adams.

Adams worked in various projects while finalizing Uniswap, and his work was informed directly by Ethereum creator Vitalik Buterin. Buterin even ended up giving the protocol its name — it was originally known as Unipeg.

Adams has also said that the original inspiration for the Uniswap platform came from one of Buterin’s own blog posts. His original idea to focus on Ethereum came after a friend convinced him to begin researching and understanding the protocol in 2017.

What Makes Uniswap Unique?

Uniswap exists to create liquidity — and therefore trading and the value that trading provides — for the DeFi sphere.

One of the major AMMs in operation at present, the protocol functions using a formula for automated exchange — X x Y = K. Founder Hayden Adams describes himself as the inventor of the particular implementation of the formula on Uniswap.

Uniswap is not just a decentralized exchange; it attempts to solve the issues that platforms such as EtherDelta experienced with liquidity.

By automating the process of market making, the protocol inceventizes activity by limiting risk and reducing costs for all parties. The mechanism also removes identity requirements for users, and technically anyone can create a liquidity pool for any pair of tokens.

According to Uniswap, their governance token (UNI) was created in order to “officially enshrin[e] Uniswap as publicly-owned and self-sustainable infrastructure while continuing to carefully protect its indestructible and autonomous qualities.”

Uniswap V2 launched on Nov. 2, 2018, and introduced new features like ERC-20 pairs, price oracles, flash swaps and more. The latest version — Uniswap V3, launched on the mainnet on May 5, 2021. It features greater capital efficiency for liquidity providers, better execution for traders and enhanced infrastructure. Uniswap price reached an all-time high (ATH) of $44.97 leading up to the mainnet launch of V3. Since it’s launch there has been substantial interest in it’s UNI to AUD and UNI to EUR price pairs.

Learn more about Balancer here.

Learn more about Curve here.

New to DeFi and cryptocurrency? Check out our education resources here.

Uniswap vs Pancakeswap

Want to keep track of Uniswap (UNI) price live? Download the CoinMarketCap mobile app!

Want to convert the Uniswap (UNI) price today to your desired fiat currency? Check out CoinMarketCap exchange rate calculator.

How Many Uniswap (UNI) Coins Are There In Circulation?

The total supply of Uniswap’s governance token, UNI, is 1 billion units. These will become available over the course of four years, after which Uniswap will introduce a “perpetual inflation rate” of 2% to maintain network participation.

Token distribution currently consists of the following: 60% to Uniswap community members, i.e. users, 21.51% to team members, 17.8% to investors and 0.69% to advisors. The latter three distributions will occur according to a four-year vesting schedule.

Out of the majority set to go to users, 15% can be claimed by those who used Uniswap prior to Sep. 1, 2020. These even include users who submitted transactions which were never successful — they are eligible for 400 UNI.

The UNI token serves the purpose of enabling shared community ownership in the growth and development of the decentralized protocol. This allows UNI holders to participate in the governance of the Uniswap protocol and wider ecosystem, in a neutral and trustless manner. The success and adoption of Uniswap products will positively impact Uniswap price, hence incentivizing token holders to contribute to the self-sustaining development of the ecosystem.

Four years after the UNI token launch, in September 2024, a perpetual inflation rate of 2% annually will take effect. This is to ensure that participation in the Uniswap ecosystem continues, by disincentivizing passive holders.

How Is the Uniswap Network Secured?

Uniswap is a decentralized protocol for trading, and UNI is its in-house governance token. UNI is an ERC-20 token, meaning it requires Ethereum to function.

ERC-20 merely defines a set of rules for tokens, as well as security considerations mainly related to the strength of the Ethereum network. For example, congestion can hike the price of gas needed to perform transactions, leading to delays and abnormally high transaction fees, which impact all participants.

Separately, smart contracts can cause security issues that could lead to DeFi traders losing funds; in fact, hackers have already succeeded in stealing millions of dollars in DeFi’s short lifetime as of September 2021.

Where Can You Buy Uniswap (UNI)?

Uniswap’s UNI governance token is available for trading on major exchanges against other cryptocurrencies, stablecoins, fiat currencies and more.

These include Binance, Huobi and Coinbase Pro, along with, naturally, Uniswap’s protocol itself — Uniswap (V2) and Uniswap (V3).

You can read more about how to enter the cryptocurrency market, no matter what token you plan to purchase, here.

UNI to USD Converter

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UNI

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UNI Price Statistics

Uniswap Price Today
Uniswap Price$21.80
Price Change24h$-0.5756
2.57%
24h Low / 24h High
$21.73 /
$23.04
Trading Volume24h$473,438,220.73
5.89%
Volume / Market Cap0.03459
Market Dominance0.52%
Market Rank#18
Total Value Locked (TVL)$10,390,321,891
Uniswap Market Cap
Market Cap$13,686,360,353.97
2.57%
Fully Diluted Market Cap$21,796,714,742.00
2.57%
Uniswap Price Yesterday
Yesterday's Low / High
$20.57 /
$23.02
Yesterday's Open / Close
$20.97 /
$22.37
Yesterday's Change

6.67%

Yesterday's Volume$601,374,191.65
Uniswap Price History
7d Low / 7d High
$18.65 /
$23.04
30d Low / 30d High
$18.67 /
$28.43
90d Low / 90d High
$17.77 /
$30.28
52 Week Low / 52 Week High
$2.93 /
$44.97
All Time High
May 03, 2021 (7 months ago)
$44.97
51.53%
All Time Low
Sep 17, 2020 (a year ago)
$0.419
5102.11%
Uniswap ROI
No Data
Uniswap Supply
Circulating Supply627,909,321 UNI
Total Supply1,000,000,000 UNI
Max Supply1,000,000,000 UNI