Uniswap

Uniswap
UNI
Contract address
0x1f98...01f984
Copy UNI contract address
$4.03
-$0.0161(-0.40%)Today
Market cap
2.51B
Total volume (24h)
114.10M
Volume / Market cap
0.0454
Circulating supply
624.44M
Day range (24h)
$3.94$4.04
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 8, 2026)$4.03-0.40%
24 hours ago (August 7, 2026)$4.05-0.40%
1 week ago (August 1, 2026)$4.06-0.70%
1 month ago (July 9, 2026)$3.36+19.80%
1 year ago (August 8, 2025)$11.04-63.50%

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UNI market moves

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24h change: -0.60%. From $4.00 to $3.98.

  • Uniswap Labs introduced on Robinhood Chain, enabling users to launch tokens through either a four-hour crowd launch with TWAP bidding or an instant launch via bonding curve. Both routes feed into Uniswap v4 pools with permanently locked liquidity that autocompounds fees, no additional launchpad fees, and built-in sniping protections. The platform quickly captured substantial trading volume, helping Uniswap v4 pools lead multi-chain DEX volume rankings in early results. This expands Uniswap beyond trading into the competitive token launch space while leveraging its existing distribution channels across wallet, web app, and aggregator integrations.
  • Recent snapshots show Uniswap v4 pools on multiple chains generating the highest 24-hour trading volume among DEXs, outpacing v3 pools and competitors. The launch on Robinhood Chain contributed to this momentum, with early cumulative volumes reported above $150 million. This performance reflects growing usage of Uniswap infrastructure amid new product releases. Protocol developments like permissioned pools and yield features continue to broaden utility.
  • Grayscale reduced its weighting of UNI in its DeFi Fund during Q2 2026 rebalancing while reallocating to newer assets. UNI remains the largest holding in the fund despite the trim. This occurred alongside Uniswap's product launches including and the Earn yield feature. Protocol-level fee collection and burns continue independently of fund flows.

24h change: -0.10%. From $4.02 to $4.02.

  • Uniswap Labs released on August 5, 2026, enabling token launches on the Robinhood Chain using Uniswap v4. The platform supports crowd launches with time-weighted bids or instant launches via bonding curves, with built-in auto-compounding where searchers can claim fees by adding 0.2 percent to liquidity positions. It captured significant share of new token volume shortly after launch while using standard swap fees that autocompound into liquidity rather than separate launchpad charges. This expands Uniswap beyond swapping into token creation infrastructure.
  • Large UNI holders withdrew tokens from exchanges at the fastest rate since 2021. This occurred alongside the launch and rising protocol fees from Uniswap v4 and multi-chain deployments. On-chain metrics show millions in daily fees generated across the ecosystem. Whale behavior can reflect confidence in long-term protocol developments including governance changes.
  • Uniswap v4 and deployments such as on Robinhood Chain have driven higher fee generation with recent 24-hour fees around 2.9 million dollars. The UNIfication governance proposal from late 2025 aims to turn on broader protocol fees, enable UNI burns, and align incentives between labs, foundation, and users. TVL in v4 pools stands near 780 million dollars with Ethereum holding the majority share. These mechanics improve value accrual for UNI holders over time.

24h change: +5.53%. From $3.90 to $4.12.

  • Uniswap v4 has grown to represent roughly 50 percent of all quarterly decentralized exchange trading volume about 18 months after launch. The protocol continues to introduce technical upgrades including dualpool hooks that let market makers earn lending yield until swaps occur and permissioned pools for restricted asset trading. These changes have driven higher protocol usage, liquidity migration such as Spark moving 150 million dollars, and elevated fees. The developments reinforce Uniswap's position as a leading decentralized trading platform.
  • Uniswap introduced a beta Launches tab on July 30 to surface top token launches in its web app, beginning on Robinhood Chain. The same update brought permissioned pools as a new v4 hook standard for permissioned asset trading through automated market makers. Additional July releases included earn yield features powered by Morpho and expanded AI trading tools. These product expansions build on Uniswap's full integration across v2, v3, v4 and UniswapX on the new Robinhood Layer 2 chain.
  • Recent rollout of Uniswap's Launches feature and related launchpad tools like has sparked discussion around new token launches and fairer auctions with automatic liquidity provision. Community members are sharing SDK updates, specific token launches such as UNIFROG on Robinhood Chain, and strategies for the feature going live. This aligns with broader ecosystem growth including tokenized assets trading and liquidity migrations to v4. The activity highlights ongoing innovation in how tokens are launched and traded on Uniswap.

24h change: +0.57%. From $3.89 to $3.91.

  • The Uniswap DAO activated the protocol fee switch in late 2025 with expansions in 2026. A portion of fees from trades on mainnet and select layer 2s as well as Unichain sequencer revenue now contributes to burning UNI tokens. Recent metrics show roughly 4.27 million dollars in burns over the past 30 days according to community reports. This change creates a direct connection between protocol activity and reduced token supply.
  • Uniswap Labs introduced Permissioned Pools on July 23 2026 using v4 hooks. The feature enables onchain enforcement of compliance rules for tokenized funds equities and regulated assets while using automated market makers. Issuers control allowlists and approved wallets can trade and provide liquidity. It positions the protocol to participate in the expected growth of tokenized real world assets.
  • Recent snapshots show Uniswap v3 and v4 generating daily volumes of roughly 700 million dollars each and ranking near the top of multi-chain DEX leaderboards. This activity occurs alongside ongoing development of hooks and permissioned features. Strong volumes contribute to fee generation that supports the token burn mechanism. The figures reflect Uniswap's established role in decentralized trading.

24h change: -6.83%. From $4.17 to $3.89.

  • Governance recently activated the protocol fee switch on Uniswap v4 liquidity pools across seven chains. A share of swap fees now flows into TokenJar contracts that buy and burn UNI rather than going only to liquidity providers. This has lifted daily protocol revenue significantly from prior levels and creates ongoing deflationary pressure on the UNI supply. The change marks a key evolution in how the token captures value from protocol activity.
  • Uniswap currently has $3.06 billion in total value locked with the majority on Ethereum followed by Base Arbitrum and other networks. The protocol continues expanding its presence with activity on chains including Robinhood Chain. Recent fee switch changes build on this foundation by routing revenue into UNI burns. These metrics reflect ongoing usage even as TVL saw a modest weekly decline.

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