Real-Time UNI Price Overview
Uniswap's current live price stands at $7.34** with a 24-hour trading volume of **$233,483,771. The price has experienced:
- A 4.03% decline in the last 24 hours
- A 6.67% increase over the past 7 days
Key metrics:
- Market Cap: $4,617,939,472 (#30 ranking)
- Circulating Supply: 628,739,837 UNI tokens
- Price Relative to ATH: 83.67% below all-time high
- Price Relative to ATL: 1,652.93% above all-time low
👉 Track UNI price alerts for real-time updates.
What Is Uniswap?
Uniswap is a decentralized exchange (DEX) operating on Ethereum's blockchain. It specializes in ERC-20 token swaps using an Automated Market Maker (AMM) model, eliminating traditional order books.
Core features:
- Liquidity Pools: Users (Liquidity Providers/LPs) deposit token pairs to enable trading
- LP Tokens: Providers receive pool tokens representing their share plus 0.3% trading fees
- Permissionless: Anyone can create pools for any ERC-20 token pair
Unlike centralized exchanges, Uniswap prioritizes:
- Automation: Smart contracts handle pricing and execution
- Accessibility: No KYC or intermediary requirements
- Transparency: Fully on-chain operations
Uniswap Founders & History
- Creator: Hayden Adams (Ethereum developer)
- Inspiration: Vitalik Buterin's 2016 AMM concept
- Launch: Initial version (Uniswap V1) deployed in November 2018
- Key Milestone: UNI governance token airdrop in September 2020
The protocol has evolved through multiple versions (V1-V3), each introducing improved capital efficiency and flexible fee structures.
UNI Token Explained
Purpose: Governance token enabling decentralized decision-making for the Uniswap protocol.
Distribution:
- Initial supply: 1 billion UNI
- 60% allocated to community (400 UNI/eligible user in 2020 airdrop)
- Remaining 40% distributed to team, investors, and advisors with 4-year vesting
Governance Process:
- Temperature Check: Proposal requiring 25,000+ affirmative votes
- Consensus Check: Revised proposal needing 50,000+ votes
- Governance Proposal: On-chain vote (7-day period) with 2.5M+ UNI delegation
👉 Secure your UNI tokens with hardware wallets like Ledger or Trezor.
UNI Tokenomics
| Metric | Detail |
|---|---|
| Max Supply | 1 billion UNI |
| Current Circulating | 628.7 million (62.87%) |
| Inflation Rate | 2% annually starting 2024 |
| All-Time High | $44.97 (May 3, 2021) |
| All-Time Low | $0.419 (September 17, 2020) |
Key Consideration: Unlike Bitcoin, UNI isn't deflationary—its increasing supply requires sustained demand to maintain value.
Where to Buy & Store UNI
Top Exchanges:
- Binance
- KuCoin
- Kraken
Recommended Wallets:
- Hardware: Ledger Nano S/X, Trezor Model T
- Software: MetaMask, Trust Wallet
Always verify contract addresses when interacting with UNI tokens.
FAQs
What drives UNI's price volatility?
Market sentiment, Ethereum network activity, and DeFi adoption trends significantly impact UNI's value. Regulatory developments and competing DEX innovations also contribute.
How does Uniswap generate revenue?
The protocol collects 0.3%-1% fees per trade (depending on pool type), distributed to liquidity providers. Governance may adjust fee structures in future upgrades.
Is UNI a good long-term investment?
While UNI benefits from Uniswap's market dominance in DEX volume, investors should consider:
- Competition from other AMMs
- Ethereum's scalability solutions
- Governance participation requirements
Diversification across DeFi assets is generally recommended.
Key Takeaways
- Uniswap pioneered AMM-based decentralized trading
- UNI enables community governance but lacks supply scarcity
- Price fluctuations reflect broader crypto market trends
- Liquidity provision offers earning potential (with impermanent loss risks)
For real-time charts and advanced trading tools, visit 👉 OKX's market dashboard.