Uniswap prices UNI
Uniswap is a decentralized exchange (DEX) project that was created as a smart contract on the Ethereum network. It serves the DeFi sector, aiming to utilize cryptographic technologies to remove intermediaries in financial transactions. Uniswap has played a crucial role in the growth and evolution of decentralized trading platforms, especially throughout 2020, and has earned a prominent place in the cryptocurrency and decentralization community today. Uniswap can be described as a fusion between traditional banking services and blockchain technology, from the perspective of an everyday user.
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Uniswap price( UNI )
$13.83 5.40% -
Market cap $
8,306,789,470Maximum supply
N/A -
Trading volume 24 Hour
365,486,641Circulation supply
600,483,073.71
Uniswap UNI Chart
Uniswap live price today
Today's live price of Uniswap is 13.83 USD, 24-hour trading volume of 365,486,641 USD. Decrease Uniswaprate 5.40% last 24 hours. His current rating is no 21 According to the current market cap. 8,306,789,470 USD. current circulating is 600,483,073.71 UNI
You can learn more about Uniswap UNI Through the following points
The UNI token is Uniswap's native digital currency and governance token. UNI token holders can vote on the overall developmental direction of the Uniswap project, influencing its evolutionary trajectory. They can also use UNI to fund liquidity mining pools, grants, partnerships, and other growth-driven initiatives that expand Uniswap's usability and reach. UNI tokens are not sold but are distributed to participants who contribute to the network by providing liquidity to eligible markets on the Uniswap platform.
Since Uniswap is a fully open-source protocol, anyone can copy the code to create their decentralized exchange (DEX). This also allows users to list tokens on the exchange for free. Unlike traditional centralized exchanges that charge high fees for listing new tokens, Uniswap's decentralized nature means users retain control over their funds at all times. In contrast, centralized exchanges require traders to relinquish control over their private keys to record orders in an internal database rather than executing them on the blockchain, which takes longer and is more expensive. This feature of maintaining control over private keys eliminates the risk of losing assets if the exchange is hacked.