Uniswap UNI
1. Summary
- Price
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$8.95 -3.0%
- Market Cap
- $5.36B (#23)
- Supply
- 600.43M / 1.00B
- Description
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Uniswap is an Ethereum-based decentralized exchange (DEX) that allows for the swapping of ERC20 tokens. The beauty of it is the fact that, unlike other exchanges that are designed to make money out of fees, Uniswap is designed to function as a tool for the community to trade without platform fees or middlemen. Uniswap uses a math equation as well a...
Uniswap is an Ethereum-based decentralized exchange (DEX) that allows for the swapping of ERC20 tokens. The beauty of it is the fact that, unlike other exchanges that are designed to make money out of fees, Uniswap is designed to function as a tool for the community to trade without platform fees or middlemen. Uniswap uses a math equation as well as pools of tokens and ETH to determine prices and execute trades.
Uniswap originally launched in November of 2018 and gained popularity due to the rise of DeFi in popularity.
It aims to keep trading automated and completely open to just about anyone that holds a token while also improving the efficiency of trading when compared to that on traditional exchanges. Uniswap actually creates more efficiency through solving liquidity issues with automated solutions which leads to none of the problems that some of the first decentralized exchanges had to deal with.
The UNI Token Explained
In September of 2020, Uniswap launched the UNI governance token with an airdrop to anyone that had used the protocol before September the 1st.
Uni is the native token of the Uniswap protocol and it gives its owner’s governance rights. Any UNI holder can vote on changes to the protocol. 1 billion UNI tokens were minted at genesis, where 60% were given to Uniswap community members, and 40% to team members, investors, and advisors through the span of four years.
The distribution to the community works and occurs through liquidity mining.
Features of Uniswap
The way Uniswap differentiates itself is due to its usage of a pricing mechanism known as the Constant Product Market Maker Model. Any token can be added to Uniswap through funding it with an equivalent value of ETH and the ERC20 token that is traded.
Instead of connecting buyers to sellers to determine the price, Uniswap uses a constant equation that goes like this: x*y=k.
Any ERC20 token can be listed on Uniswap without any permission, and each token has its own smart contract as well as a liquidity pool. If a liquidity pool does not exist for the token in question, it can easily be created.
Once a token has its own exchange smart contract as well as liquidity poo, anyone has the ability to trade the token or contribute to the pool while earning a liquidity provider fee of 0.3%.
The important thing to note here is that in order to contribute to a liquidity pool, you will need an equal value of ETH and ERC20 tokens.
Founders of Uniswap (UNI)
Uniswap was created as an automated market maker (AMM) on Ethereum by Hayden Adams, who was also an Ethereum developer.
Adams worked on multiple projects as he worked n Uniswap, and his work was closely followed by the creator of Ethereum known as Vitalik Buterin. An interesting fact here is that Buterin actually gave Uniswap its name.
Now, Adams mentioned that the original inspiration for this platform came from the blog posts that Buterin was writing at the time.
| Price | |
| 52W High price | $15.40 |
| 52W High date | 7th Mar 2024 (8 months ago) |
| All Time High (ATH) Date | 3rd May 2021 (3 years ago) |
| ATH Price | $44.92 |
| % From ATH | -79.53% |
| All Time Low (ATL) Date | 17th Sep 2020 (4 years ago) |
| ATL Price | $1.03 |
| % From ATL | 792.44% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $401.03M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
| Circulating Supply | 600.43M |
UNI
How does Uniswap's (UNI) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
13.8%
UNI
17.8%
Similar Market Cap
60 Day Return
38.0%
UNI
43.2%
Similar Market Cap
1 Year Return
77.7%
UNI
57.8%
Similar Market Cap
We're monitoring 133 Uniswap GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Uniswap Repos)
Commits vs. The Market
- Past 4 weeks: 6 commits vs. an average of 1
- Past 12 weeks: 41 commits vs. an average of 8
- Past year: 154 commits vs. an average of 114
Most Active Repos
| Past week | 67 |
|---|---|
| Past 12 weeks | 270 |
| Past year | 1052 |
| Past week | 60 |
|---|---|
| Past 12 weeks | 457 |
| Past year | 1013 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 25 |
| Past year | 572 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 4 |
| Past year | 567 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 1 |
| Past year | 548 |
| Past week | 1 |
|---|---|
| Past 12 weeks | 1 |
| Past year | 544 |
Top Developers 2024
In total, 1010 developers have contributed to Uniswap over the past year. Who are the most active Uniswap developers, by commits, over the past year?
Related Projects
Developers working on Uniswap also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 71,546 |
|---|---|
| Active Reddit Users (past 24h) | 57 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 1M |
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cryptoslate.com/bis-report-on-defi-activity-reveals-institutional-traders-heavily-outmaneu...
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decrypt.co/292284/ora-unveils-community-first-token-generation-event-live-now-on-uniswap
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decrypt.co/292284/ora-unveils-community-first-token-generation-event-live-now-on-uniswap
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ambcrypto.com/uniswap-whale-scoops-up-437k-uni-can-this-fuel-a-rebound/
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ambcrypto.com/uniswap-whale-scoops-up-437k-uni-can-this-fuel-a-rebound/
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gov.uniswap.org/t/pepo-delegate-platform/24896 Official
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gov.uniswap.org/t/pepo-delegate-platform/24896 Official
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gov.uniswap.org/t/pepo-delegate-platform/24896 Official
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gov.uniswap.org/t/pepo-delegate-platform/24896 Official
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gov.uniswap.org/t/pepo-delegate-platform/24896 Official
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gov.uniswap.org/t/pepo-delegate-platform/24896 Official
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gov.uniswap.org/t/pepo-delegate-platform/24896 Official
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docs.uniswap.org/contracts/v4/guides/hooks/your-first-hook Official
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docs.uniswap.org/contracts/v4/guides/unlock-callback Official
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docs.uniswap.org/contracts/v4/guides/unlock-callback Official
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docs.uniswap.org/contracts/v4/guides/hooks/your-first-hook Official
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docs.uniswap.org/contracts/v4/guides/hooks/your-first-hook Official
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docs.uniswap.org/contracts/v4/guides/hooks/your-first-hook Official
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docs.uniswap.org/contracts/v4/guides/unlock-callback Official
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docs.uniswap.org/contracts/v4/guides/hooks/your-first-hook Official
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docs.uniswap.org/contracts/v4/guides/unlock-callback Official
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docs.uniswap.org/contracts/v4/guides/unlock-callback Official
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docs.uniswap.org/contracts/v4/guides/unlock-callback Official
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docs.uniswap.org/contracts/v4/guides/hooks/your-first-hook Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://uniswap.org/ |
|---|---|
| Explorer | https://etherscan.io/token/0x1f9840a85d5af5bf1d176... |
| @Uniswap | |
| /r/Uniswap | |
| Whitepaper | https://hackmd.io/C-DvwDSfSxuh-Gd4WKE_ig |
What is the correct contract address for Uniswap?
| Sora | 0x009be848df92a400da2f217256c88d1a9b1a0304f9b3e90991a67418e1d3b08c |
|---|---|
| Xdai | 0x4537e328bf7e4efa29d05caea260d7fe26af9d74 |
| Energi | 0x665b3a802979ec24e076c80025bff33c18eb6007 |
| Ethereum | 0x1f9840a85d5af5bf1d1762f925bdaddc4201f984 |
| Avalanche | 0x8ebaf22b6f053dffeaf46f4dd9efa95d89ba8580 |
| Huobi-token | 0x22c54ce8321a4015740ee1109d9cbc25815c46e6 |
| Polygon-pos | 0xb33eaad8d922b1083446dc23f610c2567fb5180f |
| Arbitrum-one | 0xfa7f8980b0f1e64a2062791cc3b0871572f1f7f0 |
| Near-protocol | 1f9840a85d5af5bf1d1762f925bdaddc4201f984.factory.bridge.near |
| Harmony-shard-0 | 0x90d81749da8867962c760414c1c25ec926e889b6 |
| Binance-smart-chain | 0xbf5140a22578168fd562dccf235e5d43a02ce9b1 |
| Optimistic-ethereum | 0x6fd9d7ad17242c41f7131d257212c54a0e816691 |
Has Uniswap been audited for security?
No security audits found for this project.
Are you the owner of Uniswap? Edit it here
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