Uniswap (UNI) price is $5.89

Uniswap (UNI) Live Price Data

The live Uniswap (UNI) price is $5.89, with a 24 hours Blynex trading volume of 62.01 K. The price of UNI changed by -2.13% in the past 24 hours. With a circulating supply of 600.48M UNI and a maximum supply of UNI coins. UNI currently ranks #21 in market cap. You have the option to purchase Uniswap (UNI) on the Blynex exchange.

Market	Price	24h %	24h High	24h Low	24h Volume
UNI/USDT	$5.8925	-2.13%	6.0362	5.7788	61.59 K	Trade

Market

Price

24h %

24h High

24h Low

24h Volume

UNI/USDT

$5.8925

-2.13%

6.0362

5.7788

61.59 K

Trade

Uniswap (UNI) is a popular decentralized trading protocol, known for its role in facilitating. Buying UNI on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Uniswap (UNI).

What is Uniswap (UNI)?

Uniswap is a groundbreaking decentralized trading protocol that has reshaped the world of decentralized finance (DeFi). Launched in November 2018, it operates as an automated market maker (AMM), enabling seamless, automated token trading. Unlike traditional exchanges, Uniswap eliminates intermediaries, making trading accessible to anyone with tokens. Its innovative approach to solving liquidity issues has made it a cornerstone of the DeFi ecosystem, driving significant growth and adoption among crypto enthusiasts.

The Vision Behind Uniswap

Uniswap was created by Ethereum developer Hayden Adams, inspired by a blog post from Ethereum's own founder, Vitalik Buterin. Originally named "Unipeg," the project aimed to introduce AMMs to Ethereum’s growing community. Guided by Buterin's insights and Adams’ dedication, Uniswap emerged as a leader in the decentralized exchange (DEX) space, offering users a platform to trade tokens with efficiency and ease. The protocol's development underscores Ethereum's potential to revolutionize finance through decentralization.

What Sets Uniswap Apart?

Uniswap stands out by addressing liquidity challenges through its automated X x Y = K formula, which allows anyone to create liquidity pools for any token pair. This innovation incentivizes market participation while reducing risks and costs. Unlike traditional exchanges, Uniswap requires no identity verification, empowering users with privacy and accessibility. With features like ERC-20 pair trading, price oracles, and flash swaps, the platform continuously evolves, as seen with its Uniswap V3 upgrade, which introduced enhanced efficiency and infrastructure.

The UNI Governance Token

In September 2020, Uniswap introduced its governance token, UNI, to empower its community. UNI holders can influence the protocol’s future by voting on key decisions, ensuring Uniswap remains a user-driven platform. This decentralized governance model has added a layer of profitability for users while fostering innovation and sustainability. UNI’s launch was a pivotal moment, cementing Uniswap's status as a publicly owned, autonomous infrastructure in the DeFi landscape.

Uniswap's Impact on DeFi

Uniswap has played a transformative role in DeFi, unlocking liquidity and enabling seamless token trading for users worldwide. Its V3 update in May 2021 further solidified its dominance, offering better capital efficiency for liquidity providers and improved trading execution. The platform’s all-time high (ATH) price of $44.97 highlighted its growing significance. With ongoing interest in UNI to AUD and UNI to EUR trading pairs, Uniswap continues to attract global attention, shaping the future of decentralized finance.

UNI

Uniswap

Uniswap (UNI) Live Price Data

Markets

About Uniswap (UNI)

What is Uniswap (UNI)?

The Vision Behind Uniswap

What Sets Uniswap Apart?

The UNI Governance Token

Uniswap's Impact on DeFi

UNI to local currency

UNI to crypto currency