UniSwap (UNI) Price, Market Cap and Information
| UniSwap (UNI) | Buy UniSwap Now |
|---|---|
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Uniswap is a protocol for automated token exchange on Ethereum. It was launched on November 2, 2018. Uniswap describes itself as a simple smart contract interface for swapping ERC20 tokens. |
| CVIX | 74 |
| Current price | $22.79 |
| Change 24h | 17.61% |
| Change 7d | -3.84% | Market Cap | $13 937 536 203 |
| Available supply | 611 643 724 UNI |
| Volume 24h | $1 041 192 676 |
| Updated | Sunday, September 26, 2021 12:00:07PM UTC |
| Nature | Token |
| Mineable | No |
| Discussion | |
| WWW | Website |
UniSwap price change 24 hours
UniSwap Short Term Forecast
| After | Price | Change |
| 1 day | $21.05 | -7.61% |
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UniSwap General Information
General UNI facts, technical details and UniSwap Cryptocurrency information
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.”
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.
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 fall 2020.
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, OKEx and Coinbase Pro, along with, naturally, Uniswap’s protocol itself.
UniSwap Historical Data – 10 days
| Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
|---|---|---|---|---|
| Sep 17 | 26.27 | 24.06 | 26.32 | 14 713 889 365 |
| Sep 18 | 24.26 | 24.12 | 25.13 | 14 835 300 466 |
| Sep 19 | 24.52 | 23.68 | 24.52 | 14 483 901 644 |
| Sep 20 | 23.91 | 21.10 | 23.91 | 12 904 720 218 |
| Sep 21 | 20.79 | 18.98 | 21.45 | 11 612 033 563 |
| Sep 22 | 18.95 | 18.95 | 21.56 | 13 187 944 644 |
| Sep 23 | 21.60 | 20.95 | 21.73 | 13 078 289 816 |
| Sep 24 | 21.55 | 18.93 | 21.55 | 12 185 667 481 |
| Sep 25 | 19.66 | 19.20 | 20.00 | 11 955 405 210 |
| Sep 26 | 19.51 | 18.06 | 22.79 | 13 937 536 203 |
UNI/USD Price Charts
UNI to USD price chart – 7 days
UNI to USD price chart – 30 days
UNI to USD price chart – 60 days
UNI to USD price chart – 6 months
* Crypto Rating accepts no liability for any errors in the UniSwap information, UNI Prices and UNI's Market Cap. For the most up-to-date prices please visit the UniSwap's official website.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | Volume 24h | |
| 1 |  BTC |
Bitcoin predictions | 81.2% | 35 | $43 081.91 | 1.35% | -8.98% | $811 087 159 268 | $32 566 242 601 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 72.8% | 49 | $2 973.82 | 2.01% | -10.60% | $349 960 860 996 | $21 587 502 761 | |
| 3 |  ADA |
Cardano predictions | 62.4% | 80 | $2.27 | -2.69% | -2.67% | $72 581 341 919 | $5 657 027 599 | |
| 4 |  USDT |
Tether predictions | 93.2% | 1 | $1.000723 | -0.06% | 0.06% | $68 592 541 921 | $78 405 017 855 | |
| 5 |  BNB |
Binance Coin predictions | 66.4% | 69 | $342.55 | -2.18% | -15.33% | $57 594 887 329 | $1 834 859 342 | |
| 6 |  XRP |
XRP predictions | 72% | 52 | $0.942011 | 0.16% | -11.07% | $44 008 512 090 | $3 471 846 458 | |
| 7 |  SOL |
Solana predictions | 66.8% | 73 | $134.99 | -3.62% | -13.48% | $40 130 984 296 | $2 394 353 078 | |
| 8 |  USDC |
USD Coin predictions | 92% | 1 | $1.000373 | -0.04% | 0.04% | $30 961 410 947 | $3 802 192 647 | |
| 9 |  DOT |
Polkadot predictions | 67.6% | 69 | $29.14 | -4.71% | -12.32% | $28 777 972 657 | $2 530 767 375 | |
| 10 |  DOGE |
Dogecoin predictions | 62% | 77 | $0.204356 | -1.83% | -12.96% | $26 862 009 468 | $1 490 518 775 | |
| 11 |  AVAX |
Avalanche predictions | 61.2% | 87 | $67.41 | -4.29% | -4.38% | $14 849 661 345 | $1 216 715 313 | |
| 12 |  LUNA |
Terra predictions | 69.2% | 59 | $36.08 | -4.62% | 4.12% | $14 432 557 786 | $1 639 919 020 | |
| 13 | UNI |
UniSwap predictions | 65.6% | 74 | $22.79 | 17.61% | -3.84% | $13 937 536 203 | $1 041 192 676 | |
| 14 |  BUSD |
Binance USD predictions | 94.4% | 1 | $1.000271 | -0.06% | 0.03% | $13 693 035 619 | $5 465 909 777 | |
| 15 |  LINK |
Chainlink predictions | 67.2% | 70 | $24.73 | 9.02% | -10.79% | $11 252 316 912 | $1 925 712 695 |
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