Why Uniswap?
Uniswap (UNI) is a platform on the Ethereum blockchain that lets you trade cryptocurrencies directly without needing a middleman. Instead of traditional order books, it uses a system where users add their tokens to pools and earn fees from trades. The UNI token lets users vote on changes to the platform. Uniswap is known for its innovative features, such as making better use of pooled funds in its V3 version. As a leading and popular platform in the decentralised finance (DeFi) world, Uniswap provides exposure to this rapidly growing space.
- Market cap$9.2BThe current price of Uniswap multiplied by its current circulating supply.
- 24hr volume$1.9BThe total dollar value of all Uniswap transactions over the past 24 hours. Includes data from all exchanges, not just bitcoin.com.au.
- Max supply1B UNIThe maximum amount of Uniswap that will be in circulation.
- Supply600.4MThe amount of Uniswap that is currently liquid and in circulation.
Uniswap’s features
Uniswap operates on a system that allows users to trade directly with each other, without central authority. This means no single company or entity has control, making the platform resilient and inclusive.
Uniswap uses a unique model called automated liquidity protocol, making it easy for anyone to become a liquidity provider. By adding your funds to a pool, you help make trades smoother for others and earn fees in return, creating a win-win situation for the community.
With Uniswap, anyone with an Ethereum wallet can start trading immediately, no sign-ups or approvals needed.