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. 

Since June 23, the price of Uniswap (UNI) has regained upside momentum as the cryptocurrency trades in the bullish trend zone. Today, UNI is trading at $7.04 at press time. Last week, the uptrend stalled below the $8.00 resistance zone.

Uniswap Reaches the Overbought Region as It Struggles Below $8.00

Ruben has more than a decade of experience at big tech and crypto companies.  The post Former Coinbase and Instagram director Will Ruben joins Uniswap as VP of product appeared first on The Block.

Former Coinbase and Instagram director Will Ruben joins Uniswap as VP of product

Trading volume on decentralized exchange (DEX) Uniswap (CRYPTO: UNI) nearly equals that of Coinbase Global Inc (NASDAQ: COIN). What Happened: A Monday report from crypto market data provider Kaiko detailed how Uniswap's market share of volume relative to Coinbase has surged from 27% to nearly 50% since January.

Uniswap Matches Coinbase's Crypto Trading Volumes — Brian Armstrong Says 'Story Is More Complex'

Compound

The Graph

The biggest Ethereum (ETH) whales in the world are eyeing up several altcoins within the decentralized finance (DeFi) sector as crypto markets turn green.

Top Ethereum Whales Pile Into Compound (COMP), Synthetix (SNX) and Two More DeFi Altcoins As Markets Jump

Robinhood is expanding its crypto offerings by adding support for the native asset of decentralized crypto exchange Uniswap (UNI). This week, the trading giant added support for Uniswap, which is valued at $6.79 at time of writing, up nearly 13% in the past seven days, outpacing a stagnant crypto market.

New Robinhood Listing Spurs Gains for Ethereum-Based Decentralized Exchange Crypto Project

Uniswap (UNI) is in an uptrend as the price breaks above the moving average lines. The price of the cryptocurrency has a series of higher highs and higher lows. Today, UNI reaches a higher high of $6.98.

Uniswap Surges Ahead as It Breaks Above Resistance at $6.00

Robinhood's addition of Uniswap sent the token higher Thursday afternoon.

Uniswap Token Rallies After Being Added to Robinhood's Crypto Trading Menu

Aave

As the broader crypto market rebounded into the green, major DeFi tokens led the charge, boasting hefty gains over the past day.

DeFi Blue-Chip Tokens Aave, Uniswap, Curve Post Fresh Gains

A popular crypto analyst is highlighting a handful of crypto projects as one niche defies the overall market downtrend. In a YouTube update, pseudonymous Coin Bureau host Guy tells his 2.08 million subscribers that decentralized finance (DeFi) is making an impressive comeback. “Starting with Convex Finance, CVX seems to be rallying because of developments on […] The post Coin Bureau Says DeFi Making Comeback As Uniswap, Aave, THORChain and Two Additional Altcoins Overperform appeared first on The Daily Hodl.

Coin Bureau Says DeFi Making Comeback As Uniswap, Aave, THORChain and Two Additional Altcoins Overperform

Uniswap says phishing scams are a problem "far too common in crypto today" — and is urging its community to be careful.

$8M Stolen as Uniswap Liquidity Providers Targeted By Phishing Scam

Ethereum

Solana

A robot with a reputation for outperforming an aggregated basket of 20 largest crypto assets is presenting its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) battle to stay afloat. Each week the Real Vision Bot conducts surveys in order to create algorithmic portfolio assessments consistent with a “hive mind” consensus. The bot's newest […] The post Robot Known for Outrunning Crypto Markets Allocates to Ethereum, Solana, and Two ‘Surprise' Altcoins As Bitcoin Loses $20,000 appeared first on The Daily Hodl.

Robot Known for Outrunning Crypto Markets Allocates to Ethereum, Solana, and Two ‘Surprise' Altcoins As Bitcoin Loses $20,000

The attacker enticed users with a fake Uniswap airdrop message.

Uniswap User Loses $8M Worth of Ether in Phishing Attack

After gaining access to Uniswap LPs via a malicious airdrop contract, hackers stole more than 7,500 in Ethereum.

Hackers Nab $8M in Ethereum via Uniswap Phishing Attack

On Monday, a hacker reportedly stole from a wallet that was believed to be a liquidity provider on Uniswap. The post Uniswap liquidity provider hacked for $8 million in phishing attack appeared first on The Block.

Uniswap liquidity provider hacked for $8 million in phishing attack

Binance CEO Changpeng Zhao ("CZ") sent a tweet on July 11 alarming the Twitter Inc (NYSE: TWTR) community of a potential exploit on Uniswap (CRYPTO: UNI). What Happened: Uniswap is among the original DeFi applications on Ethereum (CRYPTO: ETH).

Binance CEO CZ Tweets About Uniswap V3 Threat: Was It Hacked? Well, Not Really

Tezos

XTZ was a notable mover in the crypto top 100 on Monday, as prices rose towards a three-week high to start the week. Prices collided with a key resistance level during the move, and this came as UNI continued to trade above a ceiling of its own.

Biggest Movers: XTZ Nears 3-Week High, UNI Remains Close to 2-Month High

Uniswap (UNI) is in an uptrend as the price has risen above the moving average lines. The cryptocurrency is making a huge push towards the previous highs as the bulls break through the resistance at $5.70.

Uniswap Rises Tremendously as It Scaled Above $5.70 Resistance

The price of Uniswap (UNI) has resumed its sideways movement after failing to break the $6 resistance zone. The cryptocurrency has pulled back above the 21-day line SMA, but below the 50-day line SMA.

Uniswap Continues Upward Movement as Buyers Reenter Above $4

Avalanche

A closely followed crypto analyst says five large-cap altcoins are starting to flash signs of strength as Bitcoin (BTC) attempts to carve a bottom. Nicholas Merten tells his audience of 516,000 YouTube subscribers that a shift in altcoin markets is beginning, with Bitcoin in the process of bottoming out.  “We are getting into the kind […] The post Five Altcoins Are Showing Strength As Bitcoin Bottoming Begins, According to Analyst Nicholas Merten appeared first on The Daily Hodl.

Five Altcoins Are Showing Strength As Bitcoin Bottoming Begins, According to Analyst Nicholas Merten

Uniswap (UNI) has regained momentum as the altcoin has climbed to a high of $5.79. Since May 12, the cryptocurrency fell to a low of $3.67 and continued a downward correction. On June 19, UNI recovered and broke above the moving averages.

Uniswap Resumes Uptrend as It Rallies to $5.79 High

Uniswap (CRYPTO: UNI) has acquired Genie, an NFT marketplace aggregator. What Happened: Despite the recent plunge in NFT prices, Uniswap, a cryptocurrency exchange using a decentralized network protocol, announced on Tuesday that it has moved to acquire Genie.

Uniswap Announces Acquisition of NFT Marketplace Aggregator Genie

Bitcoin

A robot with a reputation for outpacing the crypto markets is revealing its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) weather high volatility. Each week the Real Vision Bot conducts surveys in order to create algorithmic portfolio assessments consistent with a “hive mind” consensus. The bot's newest data finds that traders' risk appetite […] The post Bot Known for Outperforming Crypto Markets Unveils Altcoin Selections Amid Wild Bitcoin and Ethereum Price Action appeared first on The Daily Hodl.

Bot Known for Outperforming Crypto Markets Unveils Altcoin Selections Amid Wild Bitcoin and Ethereum Price Action

Shiba Inu

Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was once again higher today, with prices hitting their highest point since May. Uniswap (UNI) UNI was trading higher for a fourth […]

Biggest Movers: UNI Moves Into Top 20, as SHIB Hits Highest Point Since May

The move marks part of its expansion effort to include NFTs and ERC-20 tokens on its platform. The post Uniswap Labs acquires NFT marketplace Genie appeared first on The Block.

Uniswap Labs acquires NFT marketplace Genie

The company behind Ethereum's popular DeFi trading hub plans to support the buying and selling of NFTs.

News for Uniswap Crypto (UNI)