Uniswap

Uniswap
UNI
Contract address
0x1f98...01f984
Copy UNI contract address
$4.02
-$0.1126(-2.80%)Today
Market cap
2.51B
Total volume (24h)
223.26M
Volume / Market cap
0.0889
Circulating supply
624.71M
Day range (24h)
$3.97$4.14
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 6, 2026)$4.02-2.80%
24 hours ago (August 5, 2026)$4.14-2.80%
1 week ago (July 30, 2026)$4.39-8.40%
1 month ago (July 7, 2026)$3.25+23.80%
1 year ago (August 6, 2025)$9.76-58.80%

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UNI market moves

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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.

24h change: +3.53%. From $4.04 to $4.18.

  • Uniswap v4 now accounts for approximately 50 percent of quarterly decentralized exchange trading volume according to on-chain analytics. This comes 18 months after launch and reflects adoption of its hook system and custom features across deployments. High volumes from the Robinhood Chain integration have contributed to overall protocol growth and efficiency.
  • The Uniswap fee switch now directs a substantial portion of protocol revenue to buy back and burn UNI tokens. Recent daily figures show around $245,000 to $325,000 flowing to these mechanisms from trading fees. This creates direct value accrual for UNI holders and has contributed to over $4 million in holder revenue in the past 30 days.
  • Uniswap launched a beta launches aggregator to discover token launches in one place starting with Robinhood Chain. Permissioned pools were introduced as a new v4 hook for controlled asset trading via AMMs. Additional features like the dual pool hook enable market makers to earn lending yield until swaps occur.

24h change: -5.04%. From $4.29 to $4.07.

  • Uniswap released a beta Launches tab on July 30 and 31, 2026 that brings together token launches from multiple platforms in one interface. The same period saw the launch of Earn, a self-custodial lending product using Morpho vaults curated by Gauntlet for USDC, USDT, and ETH. These additions position Uniswap as a broader DeFi hub for discovery and yield generation in addition to trading. The updates align with growing protocol usage across chains including Robinhood Chain.
  • Uniswap introduced Permissioned Pools as a new v4 hook standard that enables compliant, permissioned asset trading through AMMs with onchain enforcement. The DualPool hook, now live, allows market makers to earn lending yield on inventory until swaps occur. These tools expand use cases for RWAs, tokenized securities, and efficient liquidity. Integration on Robinhood Chain has already driven over $10 billion in protocol volume.
  • Recent protocol updates include the fee switch that routes a portion of revenue to UNI buybacks and burns rather than directing all fees to liquidity providers. This creates direct tokenomics benefits and value accrual for UNI holders. It follows strong governance approval and coincides with rising on-chain metrics such as active addresses and whale transactions. Community discussion highlights these mechanics as a step toward sustainable incentives.

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