Uniswap UNI
Cryptocurrency · DeFi · Not Mineable · launched in 2020
№22of 40 004
- $6.04
- Price −12.62%
- $4.27 billion
- Capitalization
- $339.95 million
- Volume over 24 hours
- 0.16%
- Dominance
About the coin
- Circulating supply
- 624.54 million UNI
- Total supply
- 886.79 million UNI
- Maximum supply
- Unlimited
- Fully diluted capitalization
- $6.06 billion
- 24h high
- $6.92
- 24h low
- $5.94
Uniswap (UNI) is the largest decentralized protocol operating on the Ethereum blockchain. The platform is a fully automated exchange (DEX) that allows users to exchange any cryptocurrencies directly with each other without traditional intermediaries or registrations.
Instead of the traditional order book, Uniswap uses innovative automated market maker (AMM) technology and liquidity pools formed by users themselves. The native UNI token, launched in 2020, serves governance (DAO) functions. Token holders can vote on architecture updates, fee changes, and ecosystem development fund allocation.
Additional information
FAQ
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Uniswap is the largest decentralized cryptocurrency exchange (DEX) powered by smart contracts. Unlike centralized platforms, Uniswap allows users to exchange tokens directly from their wallets without KYC verification, registration, or transferring funds to third-party custody.
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The Uniswap protocol does not use a classical order book (buyer and seller orders). Instead, exchange occurs through an Automated Market Maker (AMM). Smart contracts calculate asset prices mathematically based on the ratio of coins in special liquidity pools.
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Any user can become a liquidity provider. To do this, you need to deposit a pair of tokens with equivalent value into a liquidity pool. In return, the platform credits a share of trading fees paid by other traders when they perform swap operations in this pool.
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The UNI token is the primary tool for decentralized governance (DAO) of the ecosystem. UNI holders can propose and vote on key exchange changes: protocol updates, pool fee regulation, and development fund allocation.
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Initially, Uniswap was created exclusively for the Ethereum ecosystem (ERC-20 tokens). Today it is a multichain platform deployed on many popular and fast Layer 1 and Layer 2 networks, including Arbitrum, Optimism, Polygon, Base, BNB Chain, and Avalanche.
Legal status of crypto assets in Uzbekistan
This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.
- Crypto assets are not legal tender in the Republic of Uzbekistan: they cannot be used to pay for goods and services, except in cases directly established by law.
- Residents may buy, sell and exchange crypto assets only through providers licensed by the NAPP — crypto exchanges, crypto shops, crypto depositories and mining pools registered as legal entities resident in Uzbekistan.
- The register of licences is maintained by the National Agency of Perspective Projects. Licences are issued and revoked, so the composition of the register changes — check the status of a venue at the moment of the transaction.
- Until 1 January 2029 transactions with crypto assets are not subject to taxation, and income from them is not included in aggregate income.
- Crypto assets are not traded on the RSE «Toshkent» and are not available through a broker account. There are no guaranteed returns, investments are not insured, and the price may change by tens of percent in a short time.
The information does not replace legal advice. Regulation changes — before any transaction check the current wording of the law and the register of licences at .