Uniswap Price

Uniswap is a decentralized exchange protocol and governance token on the Ethereum blockchain. Launched in September 2020, UNI is used to facilitate automated trading of cryptocurrencies and provide liquidity on the Uniswap platform. As the native token, UNI allows holders to participate in governance decisions for the protocol. Uniswap utilizes an automated market maker (AMM) model to enable permissionless token swaps without order books or centralized parties. With a current price of $10.77 and market cap of $6.46B, UNI ranks 30 among all cryptocurrencies as of 2025-07-27. The token has a circulating supply of 600.48M UNI out of a total supply of 1B UNI. Uniswap reached an all-time high of $44.92 in May 2021 and trades on over 165 exchanges.

Uniswap was created on September 17, 2020. It was launched as the governance token for the Uniswap decentralized exchange protocol on Ethereum. The UNI token was distributed to past Uniswap users and liquidity providers through an airdrop, with 1 billion tokens minted at genesis. Since its creation, Uniswap has become one of the most prominent governance tokens in the decentralized finance (DeFi) ecosystem, allowing holders to participate in decision-making for the Uniswap protocol.

The founders of Uniswap are Hayden Adams, Paradigm, and Andreessen Horowitz (a16z). Hayden Adams is the primary creator and founder who developed the initial version of Uniswap in 2018. Paradigm and a16z are major venture capital firms that provided early funding and support for the project. The Uniswap token was launched in September 2020 as a governance token for the Uniswap protocol, with 60% of the initial supply distributed to community members. Since its launch, Uniswap has become one of the most widely-used decentralized exchange protocols in the cryptocurrency ecosystem.

Uniswap works as an automated market maker (AMM) protocol on the Ethereum blockchain. Here's how it functions: 1. Liquidity pools: Users can create pools of two ERC-20 tokens to provide liquidity. 2. Automated pricing: Prices are determined algorithmically based on the ratio of tokens in each pool. 3. Decentralized trading: Traders can swap tokens directly through these pools without order books or intermediaries. 4. Liquidity provider rewards: Liquidity providers earn fees from trades proportional to their share of the pool. 5. Governance: UNI token holders can vote on protocol upgrades and changes. 6. Fee structure: 0.3% fee on trades, with 0.25% going to liquidity providers and 0.05% to UNI holders (if activated). 7. Interoperability: Works with any ERC-20 token on Ethereum. 8. Non-custodial: Users always maintain control of their funds. The UNI token itself is used for governance voting and can be staked to earn a portion of protocol fees. As of 2025-07-27, Uniswap has a market cap of $6.46B and is ranked 30 among cryptocurrencies.

Uniswap is built on Ethereum as an ERC-20 token and utilizes smart contracts to enable decentralized trading. Its core technical components include: 1. Automated Market Maker (AMM) model: Uses liquidity pools and a constant product formula to determine token prices and enable trades. 2. Smart contracts: Govern the creation of liquidity pools, provision of liquidity, and token swaps. 3. On-chain order book: Eliminates the need for centralized matching engines. 4. Liquidity pools: Contain pairs of ERC-20 tokens that traders can swap between. 5. Governance mechanism: Allows UNI token holders to vote on protocol upgrades and changes. 6. Price oracles: Provide external price data to help determine accurate token valuations. 7. Gas optimization: Implements various techniques to reduce Ethereum gas costs for users. 8. Cross-chain bridges: Enable interoperability with other blockchain networks. This architecture allows Uniswap to function as a fully decentralized exchange protocol on Ethereum, providing permissionless token swaps and liquidity provision without intermediaries.

The future of Uniswap looks promising with several key developments on its roadmap: 1. Continued protocol upgrades: Uniswap Labs is working on Uniswap v4, which aims to improve capital efficiency and introduce new features like hooks for customizable trading logic. 2. Cross-chain expansion: Uniswap is expanding to more blockchain networks beyond Ethereum to increase accessibility and reduce transaction costs. 3. Layer 2 scaling: Further integration with Ethereum Layer 2 solutions like Optimism and Arbitrum to enhance scalability and reduce fees. 4. Governance improvements: Refining the governance process to make it more decentralized and efficient for UNI token holders. 5. New product offerings: Exploring additional DeFi products and services to broaden the Uniswap ecosystem. 6. Regulatory compliance: Working towards ensuring compliance with evolving regulations while maintaining decentralization. 7. Institutional adoption: Focusing on attracting more institutional liquidity providers and users to the platform. Price predictions (not financial advice): 2026: $11.87 --: $16.1 2030: $20.8 These developments aim to solidify Uniswap's position as a leading decentralized exchange protocol in the crypto space.