Uniswap Price UNI

#39

$5.45

-0.73%

Buy Now

Price Information

1 Year Change

-59.93%

All Time High

$45.01 -87.89%

Volume 24h

0.2 B $ -21.03%

Market Cap

3.3 B $ -0.73%

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 (UNI) currently trades at $5.48 with a stable price movement showing a 0% change over the past 24 hours. With a market capitalization of approximately $3.29 billion, UNI remains a significant player in the decentralized finance (DeFi) space. Its price stability today suggests a balance between buying and selling pressures as investors await new developments or market signals. Key factors influencing UNI's price include overall market sentiment towards DeFi, upcoming protocol upgrades, trading volume on the Uniswap exchange, and broader cryptocurrency market trends. Additionally, regulatory news, investor interest in decentralized exchanges (DEXs), and performance of competitor tokens can also sway UNI’s price movements.

UNI Price Catalysts: Bull Case & Bear Case

Understanding the potential catalysts behind Uniswap's price helps retail investors make informed decisions. On the bullish side, Uniswap benefits from being a leading decentralized exchange with a large user base and high liquidity. Innovations such as version upgrades offering lower fees, improved user experience, or new features can drive increased adoption. Growing interest in DeFi and decentralized trading models bolsters UNI’s value proposition. Moreover, partnerships or integrations with other blockchain projects may enhance its utility and demand.

On the bearish side, UNI faces competition from other DEXs and centralized exchanges that could capture market share. Regulatory scrutiny around DeFi and decentralized exchanges may hamper growth. Market-wide downturns or reduced investor appetite for risk assets tend to negatively impact tokens like UNI. Technical limitations, security vulnerabilities, or delays in protocol development also pose risks that can suppress price gains. Investors should weigh these factors alongside market conditions before making investment decisions.

Frequently asked questions

Why is Uniswap going up right now?

Uniswap's price movements depend on a variety of factors including increased trading volume on its platform, positive market sentiment around DeFi, the launch of upgrades or new features, and broader crypto market trends. If the token is currently rising, it’s likely due to one or more of these catalysts promoting buying interest.

What is Uniswap (UNI)?

Uniswap is a decentralized exchange (DEX) platform that allows users to swap cryptocurrencies directly from their wallets without intermediaries. UNI is its governance token that grants holders voting rights on protocol changes.

How does Uniswap make money?

Uniswap earns fees from trades executed on its platform. These fees are shared among liquidity providers who stake tokens in Uniswap pools, incentivizing participation.

Is UNI a good investment for retail investors?

UNI can be a good investment for those bullish on the DeFi sector and decentralized trading. However, like all cryptocurrencies, it carries risks including market volatility and regulatory uncertainties. Investors should conduct thorough research.

What affects UNI’s market cap?

UNI’s market cap is influenced by its circulating supply and current price. Factors like token burns, new token issuance, and price fluctuations impact the overall market capitalization.

How can I buy and store UNI?

UNI can be purchased on major cryptocurrency exchanges that list the token. It is best stored in a secure cryptocurrency wallet that supports Ethereum-based tokens, such as hardware wallets or reputable software wallets.

Popular Uniswap Exchanges

View All

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.

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:

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

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:

2.8

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.

Crypto.com is a global cryptocurrency platform that lets users buy, sell, and trade digital assets. It offers a secure wallet, a crypto-backed Visa card, staking, DeFi services, and various financial products designed to make crypto accessible for everyday use.

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:

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: