Uniswap (UNI)

731 Articles 86,592 Followers

UNI is the governance token behind Uniswap - a decentralized exchange that launched in November 2018. It created by Hayden Adams after being inspired by a post from Vitalik Buterin (Ethereum co-founder) suggesting for developers to create this kind of platform. 

The Uniswap Protocol, built on top of the Ethereum blockchain, allows users to easily swap between any ERC-20 token in a completely decentralized manner. This means that users have the option to easily trade Ethereum-based tokens directly from their own personal wallets without the need to give up custody of their funds throughout the entire process.

It can be described as an Automated Market Maker as it allows users to provide liquidity to the pools on Uniswap in order to allow the trades to be facilitated. As a result, the Liquidity Providers can gain commissions from the exchange fees when trades are conducted on their pools. Currently, the exchange fee is set to 0.4% per trade which is distributed amongst the liquidity providers. 

The protocol consists of two smart contracts on top of the Ethereum blockchain, the Factory contract, and the Exchange contract, that are both totally open-source - meaning anybody can take a look at the code and conduct their own review of it to make sure there are no bugs or ‘backdoors’. 

The UNI token, the governance token for the Uniswap Exchange, was air-dropped to users on September 17th, 2020. It was distributed to traders that had used the Uniswap exchange before September 2020 in batches of 400 UNI tokens without any announcement. 

One billion UNI were minted, 60% of which were distributed to Uniswap users. 21.51% was allocated for team members and future employees, 17.8% to investors, and the remaining 0.069% was allocated to advisors.

In this tag, you can discover UNI (UNI) news, price prediction, opinion, and analysis created by users.


The Best Decentralized Exchanges to Swap AMPL

1 Jul 2023 1 minute read 1 comment cybercrypto

  Ampleforth (AMPL) is a decentralized cryptocurrency that is designed to maintain a stable value relative to the US dollar. This is done through a unique algorithm that adjusts the supply of AMPL in circulation based on demand. One of the benefits...

Uniswap: The Sassy Sushi Chef of the Crypto Kitchen

24 Apr 2025 1 minute read 1 comment Loki34

Imagine walking into a decentralized sushi bar where you don’t need a waiter, don’t tip, and somehow the fish cooks itself—welcome to Uniswap. It's the OG of decentralized exchanges (DEXs), letting you swap tokens without a middleman breathing down y...

I Sold My CAKE—Here’s Why

19 Mar 2025 1 minute read 2 comments BFab

Yep, I did it. After watching CAKE skyrocket over 40% in the past 24 hours and nearly 70% in a week, I knew it was time to make a move. The pump has been insane, but let’s be real—it won’t last forever. Why CAKE Pumped So Hard: PancakeSwap’s Trading...

Uniswap Introduces Cross-Chain Bridging Across nine Networks

23 Oct 2024 1 minute read 2 comments Crypto Chronicle

Uniswap Labs is the development team of popular decentralized exchange (DEX) Uniswap. They announced nine blockchain networks. This network is using illegal bridge. Uniswap Introduces Cross-Chain Bridging, Source: Twitter As per the X post, this feat...

Aave vs Uniswap: A Comprehensive Comparison In 2024

28 Sep 2024 4 minute read 0 comments Crypto Chronicle

Aave & Uniswap the decentralized finance (DeFi) space has grown rapidly. Today I will discuss about Aave vs Uniswap Comparison. Two of the most great platforms in DeFi are Aave & Uniswap. While both serve crucial roles in the DeFi ecosystem, they ser...

Uniswap Crypto Coin (UNI) Update!

5 Sep 2024 2 minute read 1 comment moon333

In the latest update on Uniswap (UNI), we’ll delve into its recent price movements, chart patterns, and potential breakout targets. As previously discussed, Uniswap has been exhibiting some fascinating chart formations that traders are closely watch...

US fines Uniswap $170,000

5 Sep 2024 1 minute read 0 comments Talha.Khalid

The US Commodity Futures Trading Commission (CFTC) has fined Uniswap Labs, the company behind the DeFi platform Uniswap, over $170,000. In a statement, the federal office argues that the monetary penalty is due to the company illegally offering lever...

Telegram CEO Arrested! (HOT)

25 Aug 2024 1 minute read 4 comments CryptoGain

Last night, Pavel Durov, the founder of Telegram, was arrested by French authorities at Le Bourget airport near Paris. This arrest follows a warrant issued by the National Anti-Fraud Office (ONAF) as part of a preliminary investigation. The potential...

Nexo: My Personal Experience with Its Services and Token

23 Aug 2024 3 minute read 2 comments CryptoGain

Introduction In the rapidly evolving world of cryptocurrency, finding a platform that mix traditional finance with digital assets seamlessly is crucial. Nexo is a great solution, offering instant crypto-backed loans, interest-earning opportunities on...

Evolve or Die: The Harsh Reality of Crypto Projects

23 Jul 2024 1 minute read 2 comments BFab

I was ecstatic about those massive airdrops lately, just like many of you. I mean, who doesn't love free money? But something feels different now. The excitement seems to have faded, replaced with a sense of unease. Have we entered a new era in crypt...