UN

Uniswap

UNI
DeFiRank #19Ethereum

$3.91

-0.50%24h
-1.20%7d

Market Cap

$2.48B

Volume 24h

$165.51M

Vol / Market Cap

6.68%

Rank

#19

UNI Price Chart

About Uniswap

Uniswap is a decentralized exchange protocol that allows users to trade tokens directly from wallets.

What Is Uniswap (UNI)? Uniswap is a decentralized exchange (DEX) protocol that allows users to trade crypto tokens directly from their wallets using automated market makers (AMMs).

How It Works

A decentralized exchange protocol using an Automated Market Maker (AMM) model. Instead of traditional order books, users trade against liquidity pools funded by other users who earn trading fees in return.

Use Cases

Decentralized Exchange Governance: Used by holders to vote on future development and fee structures of a leading non-custodial token trading protocol.

Tokenomics

AMM Governance: Distributed through a well-known airdrop. Primarily a governance token used to vote on protocol upgrades, fee routing, and Uniswap treasury management.

Risks & Considerations

Potential regulatory targeting of decentralized front-ends; smart contract bugs could trigger major liquidity drains.

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