Uniswap Price UNI

#37

$7.42

5.18%

Buy Now

Price Information

1 Year Change

-18.87%

All Time High

$45.01 -83.52%

Volume 24h

0.4 B $ -28.53%

Market Cap

4.5 B $ 5.18%

Buy Now

Price Alert

Create a price alert and never miss the best entry time again

Set Price Alert

About Uniswap

UNI Price Pulse: What’s Moving It?

Uniswap's native token, UNI, is currently trading at $7.44, reflecting a notable 4.81% increase over the past 24 hours. This upward price movement has pushed its market capitalization to approximately $4.47 billion, highlighting growing investor interest. The recent price momentum is largely influenced by Uniswap's position as a leading decentralized exchange (DEX) platform, which continues to benefit from broader DeFi (Decentralized Finance) adoption trends. Additionally, the growing volume of crypto assets being swapped on Uniswap's protocol and news about potential network upgrades contribute to bullish investor sentiment. However, market volatility and overall crypto market dynamics also play essential roles in short-term price fluctuations.

UNI Price Catalysts: Bull Case & Bear Case

Bull Case: Uniswap's pioneering role in offering fully decentralized trading without intermediaries makes it a strong contender in the evolving DeFi ecosystem. The upcoming V4 upgrade promises enhanced efficiency and reduced transaction costs, which could attract more users and liquidity providers, driving demand for UNI tokens. Furthermore, broader adoption of Ethereum Layer 2 solutions may increase transaction throughput on Uniswap, boosting volume and token utility. Institutional interest in decentralized exchanges and DeFi governance tokens like UNI could also provide upward pressure on prices.

Bear Case: Despite these positives, UNI faces risks including intense competition from other DEXs and centralized exchanges improving their DeFi features. Regulatory scrutiny around decentralized platforms might impact user trust and platform operations. Market-wide downturns or reduced investor appetite for DeFi tokens can also weigh heavily on UNI's price. Moreover, if network upgrades are delayed or fail to deliver significant improvements, investor confidence could decline, leading to price stagnation or drops.

Frequently asked questions

Why is Uniswap going up right now?

Uniswap is experiencing price gains due to increased DeFi adoption, growing trading volumes on its platform, and anticipation of upcoming upgrades that promise better performance and lower fees, all of which enhance investor confidence.

What is Uniswap (UNI)?

Uniswap is a decentralized exchange that allows users to swap cryptocurrencies directly without intermediaries, using automated liquidity pools. UNI is its governance token, enabling holders to vote on key protocol decisions.

How does Uniswap make money?

Uniswap earns fees from trades executed on its platform. A portion of these fees goes to liquidity providers, while governance participants can influence protocol fee structures through UNI token voting.

Is UNI a good investment right now?

Investment decisions depend on your risk tolerance and market outlook. UNI has growth potential driven by DeFi trends and upgrades but also faces market volatility and regulatory risks. It's advisable to conduct thorough research before investing.

What affects the UNI token price?

UNI's price is influenced by factors such as trading volume on Uniswap, overall DeFi sector health, network upgrades, competition, market sentiment, and regulatory developments related to cryptocurrencies.

How can I buy UNI tokens?

You can purchase UNI tokens on most major cryptocurrency exchanges, including Uniswap itself, using popular cryptocurrencies like Ethereum or stablecoins, or via fiat gateways on supported platforms.

Popular Uniswap Exchanges

View All

Kraken.com is one of the world’s largest and longest-standing cryptocurrency broker trading platforms. Founded in 2011 and headquartered in the U.S., it provides users with access to a wide range of digital assets such as Bitcoin, Ethereum, and many altcoins.

Rating:

3.9

Reviews:

eToro is a multi asset social trading platform. Its standout feature is copy trading, letting you mimic successful investors. User-friendly and regulated, it’s great for both beginners and experienced traders.

Rating:

3.2

Reviews:

Figure Markets is a new crypto trading platform where users fully control their own funds, with low trading fees and up to 8% interest on stablecoins.

KuCoin is one of the world's top ten largest cryptocurrency exchanges, allowing you to buy, sell, and trade 700+ crypto assets.

Neverless is a new crypto trading platform created by former Revolut executives. It’s fully regulated in Europe and aims to make crypto more accessible by offering commission-free trading, competitive pricing, and support for over 700 cryptocurrencies. Users can also earn high yields on their assets and quickly buy crypto using Apple Pay or Google Pay.

Cryptomus offers a secure, user-friendly platform for buying, selling, and managing crypto, with P2P trading, staking (up to 20% APR), and mobile access for seamless transactions.

Rating:

4.9

Reviews:

Bitget, founded in 2018 during a crypto downturn, is a global exchange focused on user-centric innovation. With roots in traditional finance, its team saw blockchain’s potential early on. Today, Bitget aims to make crypto trading more accessible while promoting long-term industry growth.

Bitpanda is a European neobroker on a mission to democratize the complex world of investing. With low fees, 24/7 trading and real-time settlement, Bitpanda empowers users to shape their financial futures - on their own terms.

Rating:

2.9

Reviews:

Coinbase is a digital asset broker headquartered in San Francisco, offering exchanges of Bitcoin, Ethereum, and other crypto assets in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

Rating:

3.5

Reviews:

Wirex is a digital payments platform that bridges crypto and traditional finance, letting users buy, hold, and spend both fiat and digital currencies with a single card.