Uniswap

Uniswap
UNI
Contract address
0x1f98...01f984
Copy UNI contract address
$4.98
$0.6632(+13.32%)Today
Market cap
3.10B
Total volume (24h)
453.61M
Volume / Market cap
0.1464
Circulating supply
623.21M
Day range (24h)
$4.38$4.97
All-time low
$1.03
All-time high
$44.92

About Uniswap (UNI)

Uniswap is a decentralized exchange (DEX) for cryptocurrencies that was launched in November 2018 by Hayden Adams on Ethereum mainnet. A DEX lets you trade tokens directly via open-source smart contracts, eliminating the need for a centralized exchange (CEX) or intermediary, like a bank. In the case of Uniswap, you can trade (aka swap) tokens that are ERC-20, and therefore compatible with the Ethereum Virtual Machine (EVM). 

Uniswap uses an Automated Market Maker (AMM) in lieu of traditional finance (TradFi) order books. Users add tokens to liquidity pools on the platform. In return for being a liquidity provider, you can earn a share of trading fees. When you want to trade tokens, Uniswap smart contracts calculate the exchange rate based on relative amounts tokens in the liquidity pool.

The native cryptocurrency of Uniswap is UNI, a utility token that is largely used for governance purposes. Holders of UNI can vote on decisions about the development and management of Uniswap. You can’t pay transaction fees with UNI. When trading, transaction fees are paid in the tokens being swapped.

UNI token holders are typically active DeFi investors and crypto protocol participants.

Price history

Today (August 30, 2026)$4.98+13.32%
24 hours ago (August 29, 2026)$4.39+13.32%
1 week ago (August 23, 2026)$4.23+17.80%
1 month ago (July 31, 2026)$4.31+15.60%
1 year ago (August 30, 2025)$9.78-49.10%

Calculator

UNI market moves

Powered by MetaMask Market Insights


24h change: +6.96%. From $4.40 to $4.71.

  • The protocol burned a record approximately 150000 UNI worth about 590000 dollars on August 21. This activity stems from the UNIfication governance proposal that routes a share of trading fees to buy and burn the token automatically. Annualized burn rates have reached levels tied directly to protocol revenue and usage across v3 v4 and chains like Robinhood. These burns shift UNI toward having deflationary characteristics linked to real activity rather than pure governance.
  • Weekly tokenized stock trading volume on Uniswap increased by 325 million dollars with v4 contributing 170 million and v3 adding 155 million. Cumulative tokenized stock volume on Robinhood Chain has reached over 1 billion dollars. This growth highlights expanding real-world asset use cases and contributes to protocol fees that support the UNI burn mechanism. It positions Uniswap as infrastructure for tokenized equities and other assets.
  • Uniswap v4 has introduced Permissioned Pools that let tokenized funds and regulated assets access AMM liquidity while enforcing issuer compliance rules such as KYC directly in smart contracts. The feature uses the hook architecture and is live on Ethereum mainnet with partners including Superstate Securitize and Dowgo. It bridges traditional finance requirements with decentralized trading for real-world assets. This development expands the protocol's utility in tokenized markets projected to grow significantly.

24h change: -5.59%. From $4.67 to $4.41.

  • Uniswap burned a record 150,000 UNI tokens valued at approximately $590,000 on August 21. This stems from the UNIfication proposal that routes a portion of trading fees to automatically purchase and burn the token on the open market. Annualized burn rates have reached levels that tie supply reduction directly to protocol activity across v3, v4 pools and chains like Robinhood. The mechanism is transforming UNI from a governance token into one with built-in deflationary characteristics linked to real usage.
  • Uniswap v4 introduced Permissioned Pools that enable tokenized funds and regulated assets to access AMM liquidity while enforcing issuer compliance rules such as KYC directly in smart contracts. The feature uses a hook architecture and is live on Ethereum mainnet with partners including Superstate, Securitize and Dowgo. It keeps the permissioned asset in a dedicated contract and trades a virtual representation to maintain protocol security. This development positions Uniswap to bridge traditional finance requirements with decentralized trading for real-world assets.
  • Uniswap-powered tokenized stock trading volume on Robinhood Chain has reached over $1 billion cumulatively. The protocol serves as the core liquidity provider and the chain recently recorded its highest weekly swap count. These volumes from tokenized assets, stablecoin pairs and memecoins contribute substantially to protocol fees that feed the UNI burn mechanism. Founder Hayden Adams has highlighted the milestones as evidence of expanding real-world asset use cases on Uniswap.

24h change: +5.52%. From $4.44 to $4.68.

  • Uniswap burned approximately 150000 UNI worth $590000 on August 21 setting a new daily record. This stems from the fee switch activated under the 2025 UNIfication proposal that routes a share of trading fees to automatically buy and burn the token. Annualized burn rates have reached over 16 million UNI linking supply reduction directly to protocol usage and volume from v4 pools and tokenized assets. The mechanism shifts UNI from a pure governance token toward one with deflationary characteristics.
  • Uniswap v4 introduced Permissioned Pools using hook architecture to let tokenized funds and regulated assets access AMM liquidity while enforcing compliance rules such as KYC directly in smart contracts. The feature is live on Ethereum mainnet and Sepolia testnet with early adoption by Superstate Securitize and Dowgo. It addresses regulatory needs for assets requiring investor qualifications and could unlock liquidity from tokenized real estate private equity and securities. This expands Uniswap's role in bridging traditional finance requirements with decentralized trading.
  • Uniswap-powered tokenized stock trading on Robinhood Chain has reached over $1 billion in cumulative volume with the protocol serving as core liquidity provider. The network recorded 28.9 million swaps in a recent week the highest in its history driven by mid-cap tokens stablecoin pairs and RWAs. Founder Hayden Adams has highlighted these milestones noting substantial contributions to protocol fees and UNI burns. These developments reflect broader adoption of Uniswap for real-world asset use cases beyond traditional crypto trading.

24h change: +2.82%. From $4.29 to $4.41.

  • Uniswap executed its highest daily burn yet on August 21, removing about 150,000 UNI tokens valued at $590,000 through the fee switch mechanism established by the 2025 UNIfication proposal. A growing share of these burns, around 43 percent in recent periods, comes from Robinhood Chain where Uniswap handles the majority of DEX volume and the chain has exceeded $20 billion in protocol volume in under two months. This links UNI supply reduction directly to trading activity across v3 and v4 pools, shifting the token toward deflationary characteristics. Annualized burn rates have reached levels that analysts say could meaningfully impact circulating supply over time.
  • Uniswap v4 launched Permissioned Pools, a new hook standard that enables tokenized funds, securities, and regulated assets to access AMM liquidity while enforcing issuer rules such as KYC or accreditation directly in the smart contract. The feature, built in collaboration with Superstate, Securitize, and Dowgo, went live on Ethereum mainnet and testnets in late August following its July announcement. It positions Uniswap as infrastructure for institutional tokenized real-world assets by bridging compliance needs with decentralized trading. This development aligns with broader momentum in onchain tokenized equities and funds, including high volume on Robinhood Chain.
  • Robinhood Chain has generated over $20 billion in cumulative Uniswap protocol volume in less than two months since launch, contributing significantly to protocol fees and UNI burns. Uniswap serves as the primary AMM on the chain with strong adoption in tokenized stock trading and other use cases. Founder Hayden Adams has highlighted the rapid growth and its implications for onchain markets. This expansion, combined with record swap counts across the protocol, underscores increasing usage that feeds directly into the burn mechanism.

24h change: -1.42%. From $4.37 to $4.31.

  • On August 21 Uniswap burned approximately 150000 UNI tokens valued at $590000 through its fee switch mechanism. This surpassed earlier records from June and July and results from the UNIfication proposal passed in late 2025 that directs a share of trading fees to buy and burn UNI automatically. Annualized burn rates have reached over 16 million UNI based on recent activity linking supply reduction to protocol volume including from v4 pools and tokenized assets. The update shifts UNI from a pure governance token toward one with deflationary characteristics tied to usage.
  • Uniswap v4 introduced Permissioned Pools on August 24 using hook architecture to let tokenized funds and regulated assets access AMM liquidity while enforcing compliance rules. The feature is live on Ethereum mainnet and Sepolia testnet with early adoption by Superstate Securitize and Dowgo. It addresses regulatory needs for assets requiring KYC or investor qualifications and could unlock liquidity from tokenized real estate private equity and securities. This development expands Uniswap's role in bridging traditional finance with decentralized trading.
  • UNI broke above the $4 level supported by whale accumulation and the recent record token burn. Institutional and large wallets added positions including one reactivating after eight months to hold millions of dollars worth of UNI. Trading volume rose alongside increased DeFi network activity with contributions from Ethereum Base and other chains to fee generation. Price has consolidated after the move with bears defending resistance near $4.60 while technical patterns show potential support around $4.25.

Start swapping

Get UNI in seconds

Buy, sell, trade, and swap UNI on MetaMask, crypto's most trusted wallet.

Ready to try MetaMask?

Ready to try MetaMask?