Uniswap Price (UNI)

Uniswap (UNI) Price Now

Uniswap price today is $11.63 with a 24-hour trading volume of $321,868,460. UNI price is up 4.46% in the last 24 hours. It has a circulating supply of 628.52Mil UNI tokens and a max supply of 1000Mil. In order to explore addresses and transactions, you may use block explorers such as

• cn.etherscan.com

What Is Uniswap(UNI)?

UNI is a governance token of Uniswao protocol and an ERC-20 token on the Ethereum blockchain.

Uniswap is an automated market maker (AMM) and a decentralized exchange (DEX) protocol for creating liquidity and trading ERC-20 tokens on Ethereum. It serves as a trustless and highly decentralized financial infrastructure. The mission of Uniswap is to create more efficient markets.

Users can exchange tokens, earn fees from add tokens to a pool or add token trading pairs without trusting any centralized intermediary in Uniswap.

Who are the Founders of Uniswap?

The founder of Uniswap is Hayden Adams, known as the developer of Ethereum.

Hayden Adams functioned on different undertakings while finalizing Uniswap. He was originally going to call it Unipeg — a mixture between a Unicorn and a Pegasus.

Prior to Uniswap, Hayden was an engineer at Siemens, an engineering and electronics company that specializes in the fields of industry, energy, transportation, and healthcare.

How does Uniswap v1 differ from Uniswap v2 and v3?

Uniswap V2 is an upgraded version of Uniswap V1. Uniswap V2 includes many new features and improvements, including:

• ERC20 / ERC20 Pairs
• Price Oracles
• Flash Swaps
• Core/Helper Architecture
• Technical Improvements
• Path to Sustainability
• Testnet and Launch Details

 In comparison to earlier versions of the protocol, Uniswap v3 provides increased capital efficiency and fine-tuned control to liquidity providers, improves the accuracy and convenience of the price oracle, and has a more flexible fee structure.

What Makes Uniswap Unique?

User funds are controlled entirely by smart contracts but Uniswap itself.

Uniswap is a robotized liquidity protocol. For useful terms, this intends there are template smart contracts that define a standard approach that will make liquidity pools and relating markets that would perfect for one another.

There is no order book, no centralized party, and no central facilitator of trade. Every pool may be characterized as a smart contract that incorporates a couple of capacities to empower swapping tokens, including liquidity and a greater amount. Toward its center every pool utilization the function x*y=k to maintain a curve along which trades could happen. The pools keep track of reserves(liquidity) and update those reserves every single time someone trades. Because the reserves are automatically rebalanced, a Uniswap pool can always be used to buy or sell a token without requiring a counterparty on the other side of a trade.

Where Can You Buy Uniswap(UNI)?

Investing in Uniswap can seem complicated, but it is much easier when you buy Uniswap through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Uniswap — both for fiat money and other cryptocurrencies. Some of the most popular Uniswap cryptocurrency exchange are:

• Binance
• Coinbase Pro
• Huobi Global
• OKEX
• Kraken