Uniswap, launched in 2018, is one of the largest decentralized exchanges on Ethereum. It replaces order books with automated market maker (AMM) liquidity pools and now runs on many chains. UNI is the governance token introduced in September 2020.
What Uniswap is and how it works
Uniswap, launched in 2018, is one of the largest decentralized exchanges on Ethereum. It replaces order books with automated market maker (AMM) liquidity pools and now runs on many chains. UNI is the governance token introduced in September 2020.
Liquidity providers deposit token pairs into pools to earn trading fees, prices follow the pool ratio, and UNI holders vote on protocol parameters and the treasury.
UNI supply and token economics
Initial supply was 1 billion UNI, with up to 2% annual inflation permitted after the four-year distribution period.
What usually moves the price
DEX volume and market share, governance progress on protocol fee distribution (the “fee switch”) and regulators’ stance on DeFi.
These are commonly discussed factors, not a forecast; no single factor guarantees direction.
Where to buy UNI
UNI spot pairs are usually listed on large exchanges such as Binance, OKX, Bybit, Bitget and Gate, but pairs and availability depend on your region and account—check the official listing. Compare fees at the same volume, then check spread and slippage.
Key UNI risks
Liquidity providers face impermanent loss, and DEX competition can pull volume to other venues.
Only use money you can afford to lose entirely, and size positions and liquidation prices before using leverage.
How to read the indicators on this page
RSI14 above 70 is often read as overbought and below 30 as oversold; price above MA20 and MA50 is a bullish alignment; MACD shows momentum direction. All are probabilistic readings on 90 days of daily closes and can stay extreme during trends.
Frequently asked questions
What is Uniswap?
Uniswap, launched in 2018, is one of the largest decentralized exchanges on Ethereum. It replaces order books with automated market maker (AMM) liquidity pools and now runs on many chains. UNI is the governance token introduced in September 2020.
What is the UNI supply?
Initial supply was 1 billion UNI, with up to 2% annual inflation permitted after the four-year distribution period.
Where can I buy UNI?
Large exchanges usually offer UNI spot trading, subject to your region and account; compare fees and verify the official domain before signing up.
Research and education only; not investment advice.
