Uniswap Price (UNI)

UNI is the main crypto of the Uniswap network, and it’s got a few cool uses. Some people use it for global, borderless payments via Ethereum, but it also shines in Uniswap’s liquidity operations. You can stake it as an asset, or combine it with other tokens to create liquidity pool (LP) tokens. These LP tokens are key for swapping between different assets, making them a crucial part of the DeFi game.

Uniswap runs on an AMM (Automated Market Maker) system, where liquidity comes from the people, not from centralized order books. Users provide their tokens, stake them, and in return, they get a share of the fees from trades. LP tokens are created to represent the staked assets, and they make swaps between tokens smooth as butter. It’s like crypto trading, but no middleman involved. Just pure decentralized magic!

Uniswap was created by Hayden Adams, a computer engineer from New York. Back in 2016, Vitalik Buterin, one of Ethereum's co-founders, pitched the idea of an AMM DEX (Automated Market Maker) with some cool, unique features. Hayden took that idea and ran with it, launching Uniswap a year later. Pretty wild how a simple idea turned into one of the biggest decentralized exchanges!

UNI has a max supply of 1,000,000,000 tokens, and right now, about 577,501,036 of them are in circulation. So, there's still a good chunk of UNI out there waiting to be released!

Uniswap stands out with its decentralized, automated market-making (AMM) system, which lets users trade without needing a central order book. Instead, liquidity providers put funds into pools, and these pools power the trades through smart contracts. This setup makes trading super smooth and keeps things transparent because anyone can jump in and provide liquidity to earn a cut of the fees. Plus, since Uniswap is open-source and governed by the community, it’s all about decentralization and cutting out the middleman!

You can grab UNI directly on EXMON using a debit or credit card. If you want to trade it for other crypto, EXMON has you covered too. The live UNI price is updated in real-time on EXMON, so you won’t miss a beat. For more deets on how to buy and track the price, check out the How to Buy Uniswap (UNI) Guide.

Check out our Uniswap Price Prediction page when deciding on your own price targets. The data displayed is based on user input and not EXMON's opinion.