Uniswap(UNI) Price

$9.16 +2.05%

Price of Uniswap(UNI) Today

The live price of Uniswap (UNI) is $9.16.The current market capitalization stands at $5.50B, with a 24-hour trading volume of $920.37M.Uniswap has experienced +2.05% in the last 24 hours and has a circulating supply of approximately 600.48M.These figures are updated in real-time to provide the most accurate market data.

Uniswap(UNI) Profile

Price Range (24h)

24h Low: $8.86 24h High: $9.51

• ATH: $44.92
• Price Change (1h): -0.04%
• Price Change (24h): +2.05%
• Price Change (7d): +10.82%
• Market Cap: $5.50B
• 24h Vol: $920.37M
• Circulating Supply: 600.48M
• Total Supply: 1.00B

About

What Is Uniswap?

Uniswap is a leading decentralized exchange (DEX) that operates on the Ethereum blockchain and allows users to trade cryptocurrencies directly from their wallets without intermediaries, centralized order books, or custodians. Launched in 2018, Uniswap pioneered the use of automated market makers (AMMs) to facilitate crypto swaps through liquidity pools rather than traditional buyers and sellers.

The protocol’s native governance token, UNI, empowers holders to participate in decision-making regarding protocol upgrades, fee structures, and treasury usage. Uniswap (UNI) can be bought on specialized exchanges and UNI can be traded for using other cryptocurrencies.

Who Created Uniswap?

Uniswap was created by Hayden Adams, a former mechanical engineer at Siemens, with funding support from the Ethereum Foundation. It was inspired by a concept proposed by Ethereum founder Vitalik Buterin, and the project officially launched in November 2018.

Since then, Uniswap has gone through several major upgrades (v1, v2, v3), improving capital efficiency, reducing slippage, and expanding multi-chain support.

How Uniswap Works

Uniswap is based on an automated market maker (AMM) model, where users trade directly with liquidity pools instead of with other traders. Liquidity providers (LPs) deposit pairs of tokens into these pools and earn a share of trading fees in return.

The protocol uses a mathematical formula (x * y = k) to maintain balance within pools and automatically adjust prices based on supply and demand. This enables 24/7, permissionless crypto trading across a wide range of token pairs—including long-tail assets not listed on centralized exchanges.

What UNI is Used For

The UNI token serves as a governance token for the Uniswap protocol. Its main functions include voting on governance proposals that affect the protocol, delegating voting power to representatives or DAOs, and incentivizing liquidity and ecosystem development. While UNI does not provide a share of trading fees or protocol profits, its role in governance and future evolution makes it a key component of the Uniswap ecosystem.

Uniswap’s Key Features

Uniswap is one of the most influential projects in decentralized finance (DeFi). It offers permissionless trading without centralized gatekeepers and multichain support including Ethereum, Arbitrum, Optimism, Polygon, Base, and BNB Chain. Uniswap v3 offers concentrated liquidity that allows LPs to provide capital more efficiently. All users retain full control of their assets. Uniswap’s open-source code has been widely forked and adopted throughout the DeFi ecosystem, making it a foundational protocol for Web3.

UNI Tokenomics

UNI has a fixed total supply of 1 billion tokens, which will be distributed over four years, with allocations to community members, Uniswap team and founders, investors and advisors, and the governance treasury.

After the four-year distribution period, UNI’s inflation rate will be capped at 2% annually to ensure ongoing governance participation and protocol funding.

Uniswap(UNI) Price Movements ($)

Period	Amount Change	Change (%)
Today	+$0.184274	+2.05%
7 Days	+$0.894431	+10.82%
30 Days	+$1.32	+16.80%

Uniswap(UNI) Conversion Rate

1 UNI to USD
$9.16

FAQ

How does Uniswap work without an order book?

Uniswap uses an Automated Market Maker (AMM) model. Liquidity providers deposit pairs of tokens into a smart contract-powered liquidity pool. Traders can then swap tokens from these pools at algorithmically determined rates, using a formula that balances the pool (x * y = k). This enables instant, decentralized trading.

Is Uniswap safe to use?

Uniswap is considered one of the most secure and battle-tested DEX protocols in DeFi. Its smart contracts are open-source and have been extensively audited. However, risks still exist, including smart contract bugs, rug pulls on newly listed tokens, and impermanent loss for liquidity providers. Users should always verify tokens before trading.

What’s the difference between Uniswap v2 and v3?

Uniswap v2 introduced the classic AMM model where liquidity is distributed evenly across a price curve. Uniswap v3, launched in 2021, brought concentrated liquidity, allowing liquidity providers to choose specific price ranges for their capital - making it more capital efficient and customizable. V3 also introduced multiple fee tiers, enabling LPs to match risk preferences with trading activity.

Can I earn money with Uniswap?

Users can become liquidity providers (LPs) by depositing token pairs into Uniswap pools. In return, they earn a portion of the trading fees (typically 0.05% to 0.3%) generated from users swapping tokens in that pool. However, LPs should be aware of impermanent loss, which can reduce profitability if token prices diverge.

Where can I buy and store UNI?

You can buy UNI directly on Phemex, and we’ll securely hold it on your behalf as a custodial exchange. You can also use other cryptocurrency like USDT to trade UNI on the Phemex spot market. After acquiring UNI, it will be held in your Phemex spot wallet which boasts meticulous security mechanisms.