Uniswap

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.
Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges. In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future — an attractive aspect of decentralized entities.

Uniswap was launched in November 2018 as a proof of concept for automated market makers (AMMs). Hayden Adams is the inventor of the Uniswap Protocol and CEO at Uniswap Labs. 

Uniswap is a decentralized exchange (DEX) built on Ethereum that uses an automated market-making infrastructure to let traders, developers, and liquidity providers participate in a secure marketplace. 

AMMs allow for automatic and permissionless trading that removes the need for the traditional broker-dealer model that matches individual buy and sell orders. This system enables users to pool together assets that participants trade against. 

AMMs aim to solve the challenge of illiquidity previously faced by decentralized exchanges by creating liquidity pools and incentivizing liquidity providers to supply their assets into the system. 

Uniswap's maximum supply is 1 billion UNI. More than 627 million UNI are in circulation as of December 2021.

Uniswap is the leading DEX by volume, with a nearly 80% market share of weekly DEX volume as of Nov. 29. 2021, according to Dune Analytics. The nearest rival is Sushiswap with its 11% share. 

Despite the gap in trading volume, there is a long list of competitors in the DeFi space. Notable rivals to watch include Curve, Sushiswap, Pancakeswap, and more. 

On Thursday, Spark and Uniswap revealed the launch of a Stablecoin FX Layer, a shared liquidity infrastructure built on Uniswap v4 designed to enable low-slippage swaps between dollar-pegged stablecoins for institutions, banks, fintechs, and payment providers.

Spark Seeds $150M Into Uniswap v4 to Build Shared FX Layer for Stablecoins

The protocols are building shared liquidity and trading infrastructure for a future with hundreds of competing digital currencies on blockchain rails.

Uniswap, Spark aim to build stablecoin FX market as banks, fintechs enter the industry

Spark is establishing a "liquidity foundation" for the new pool by migrating $150 million from its USDS ecosystem to Uniswap v4.

Spark, Uniswap build stablecoin ‘FX Layer' seeded with $150 million liquidity migration

The Uniswap utility token (UNI) jumped over 23% in 24 hours to pass $3.60, pushing its seven-day gains to nearly 50% and its market cap to $2.2 billion. UNI Rallies past $3.60 as Weekly Gains Surge The utility token of the decentralized exchange ( DEX) Uniswap breached the $3.

UNI Climbs 23% in a Day as Standard Chartered Forecast Sparks Fresh Interest

Hyperliquid

Binance's CZ praised rival Hyperliquid as “actually awesome” even as he said he would never run it the same way, while Uniswap creator Hayden Adams argued U.S. securities law ensures “only people who are already millionaires can invest in startups.

CZ Calls Hyperliquid's Innovation ‘Awesome' While Uniswap's Hayden Adams Blasts US Securities Law

The DeFi token is up 20% in a day, with a Standard Chartered note and Uniswap's tokenized-stock launch fueling fresh demand.

Uniswap Jumps Double Digits as Standard Chartered Eyes $100 UNI by 2030

The Federal Open Markets Committee is set to announce the first interest-rate decision under Fed Chair Kevin Warsh, who then faces questions from journalists.

UNI token surges while rest of crypto market looks to Fed's Warsh for guidance

UNI surged after Standard Chartered set a $100 long-term target, and HYPE and solana led a broad altcoin bid. Bitcoin held near $66,000 as oil fell to a three-month low and the Fed met for the first time under Kevin Warsh.

Uniswap jumps 22% and altcoins rip while bitcoin stalls before the Fed

Worldcoin 

A handful of tokens continued their run while bitcoin and the rest of the crypto market stalled after the early week bounce.

Hyperliquid, Uniswap and Worldcoin buck crypto slump as traders chase AI, DeFi trends

Stellar (XLM), down 2.7% from Monday, joined Uniswap (UNI) as a top performer.

CoinDesk 20 performance update: Uniswap (UNI) gains 12.9% while index trades lower

Bitcoin

Injective

Stellar

Stellar's XLM, Injective's INJ and Uniswap's UNI ranked among the best performers in the 100 biggest cryptocurrencies by market capitalization.

Bitcoin rallies after Japan rate increase with XLM, INJ, UNI advancing

Standard Chartered began Uniswap coverage with a $100 UNI forecast, projecting the token could outpace BTC and ETH through the decade. The bank's outlook centers on DeFi growth, tokenized assets, and a potential 40x rise from $2.50.

Uniswap Could Hit $100: Standard Chartered Forecasts UNI Outperforming BTC and ETH

Standard Chartered Bank has initiated coverage of Uniswap and forecasts its UNI token could rise 40x to $100 by the end of 2030.

Standard Chartered says Uniswap's UNI token could surge 40x to $100 by 2030

Uniswap's native token UNI is set to surge nearly fortyfold in the coming years as Wall Street migrates on-chain, Standard Chartered said.

Wall Street Could Boost Uniswap's Token Price Nearly 40x by 2030: Standard Chartered

Solana (SOL), up 2.6% from Wednesday, was also a top performer.

CoinDesk 20 performance update: Uniswap (UNI) gains 4.5% as all constituents rise

A crypto whale who accumulated $62.83 million worth of Uniswap and Compound governance tokens in July 2025 has begun selling at sharply reduced prices, with losses exceeding $39.7 million and roughly half the original position still to be offloaded.

Whale Who Spent $62M on Uniswap and Compound Tokens Is Now Selling at a $39.7M Loss

Bittensor (TAO) gained 2.1%, joining Uniswap (UNI) as a top performer.

CoinDesk 20 performance update: Uniswap (UNI), up 3.7%, leads index higher

Ethereum (ETH), down 2.9% since Wednesday, was also an underperformer.

CoinDesk 20 performance update: Uniswap (UNI) drops 3.9%, leading index lower

Uniswap Foundation disclosed $85.8 million in assets and projected funding through 2027 while ranking high among monthly DeFi fees.

Uniswap Foundation projects funding runway through January 2027 as treasury reaches $85.8 million

Unaudited financials show the DeFi protocol's foundation had runway through January 2027 before the UNIfication governance overhaul passed in late December.

Uniswap Foundation held $85.8M at year-end, committed $26M in grants during 2025

A new European Central Bank (ECB) working paper finds that governance over major decentralized finance protocols is controlled by a narrow group of token holders, delegates, and centralized exchanges, raising hard questions about who can actually be held accountable.

ECB DeFi Governance Study: A16z Is Uniswap's Top Voter, One-Third of Voters Unidentifiable

Sui (SUI) joined Uniswap (UNI) as an underperformer, declining 4% from Monday.

CoinDesk 20 performance update: Uniswap (UNI) drops 4.1%, leading index lower

District Judge says that due to the protocol's decentralized nature, the identities of the scam token issuers are basically unknown, leaving plaintiffs with no identifiable defendant.

‘Scam token' case against Uniswap dismissed by U.S. district judge in NYC

A federal judge has dismissed with prejudice an amended class-action lawsuit against Decentralized Crypto Exchange Uniswap, marking another legal win for the protocol and its developers.

US Judge Swats Down Amended Class-Action Lawsuit Against Decentralized Crypto Exchange Uniswap

A federal judge in Manhattan has dismissed with prejudice all remaining claims against Uniswap Labs and its CEO, Hayden Adams, delivering a decisive courtroom win for decentralized finance ( DeFi) developers accused of facilitating crypto scams. ‘Another Day, Another Precedent-Setting Ruling for DeFi,' Uniswap Foundation's General Counsel Says On March 2, 2026, U.S.

News for Uniswap Crypto (UNI)