About Uniswap
Uniswap (UNI) is the governance token of the Uniswap Protocol, the largest decentralized exchange on Ethereum. Founded by Hayden Adams in 2018, Uniswap pioneered the constant-product automated market maker (AMM) model, in which users trade against on-chain liquidity pools rather than a traditional order book. UNI was launched in September 2020 and airdropped to historical users, giving the community direct ownership over protocol parameters and treasury.
The Uniswap protocol has gone through three major versions: V2 introduced the constant-product AMM widely used across DeFi; V3 added concentrated liquidity, allowing liquidity providers to specify price ranges and earn higher fees on active capital; and V4 introduced 'hooks' that let developers customise pool behaviour. UNI holders, through Uniswap Governance, control protocol fee switches, deployments to new chains, and the multi-billion-dollar treasury that funds the Uniswap Foundation and ecosystem programmes.
Uniswap is deployed on Ethereum, all major Ethereum L2s (Arbitrum, Optimism, Base, Polygon, etc.), and a growing list of additional chains, where it routinely accounts for a large share of DEX trading volume. The Uniswap Foundation, the Unichain Layer 2, and a wide range of third-party aggregators, wallets, and analytics platforms build directly on top of Uniswap's pools and routing infrastructure.
Crypto Market Watch tracks the live Uniswap price ranked #40 by market capitalisation, 24-hour and 7-day price changes, market capitalisation, trading volume, circulating supply, and all-time highs and lows on this page. Data refreshes continuously throughout the trading day so investors can monitor UNI market activity in real time.