What currency is UNI? The role, price trend and future prospects of UNI currency
UNI is the native governance token of the Uniswap protocol, a decentralized exchange for direct token trading on the Ethereum blockchain. UNI holders have governance voting rights, protocol fee distribution and ecosystem rewards. The price of UNI has experienced fluctuations since its release in 2020 and is currently around $6.50. Its future prospects depend on the development of Uniswap and the state of the cryptocurrency market.
What currency is UNI?
UNI is the native governance token of the Uniswap protocol. Uniswap is a decentralized exchange (DEX) that allows users to trade tokens directly on the Ethereum blockchain.
The Role of UNI Coin
UNI Coin holders have the following rights:
- Governance Voting Rights: UNI Coin holders can vote on the future development direction of the Uniswap protocol.
- Protocol Fee Allocation: When users trade on Uniswap, transaction fees will be incurred. A portion of these fees will be distributed to UNI coin holders.
- Ecosystem Rewards: The Uniswap Foundation rewards UNI coins to developers and projects that contribute to the ecosystem.
UNI Coin Price Trend
UNI Coin has experienced significant price fluctuations since its launch in September 2020.
- September 2020: UNI Coin was trading at around $3 when it was first released.
- May 2021: UNI Coin reaches all-time high price of $44.92.
- February 2023 (current): UNI Coin is trading at around $6.50.
The future prospects of UNI Coin
The future prospects of UNI Coin depend on the development of the Uniswap protocol and the conditions of the broader cryptocurrency market. Uniswap is a leader in the DEX space and its growth trend is expected to continue. Additionally, a recovery in the cryptocurrency market may boost the price of UNI Coin.
It is important to note that cryptocurrency investment involves a high level of risk. Always conduct your own research and understand the potential risks before investing in UNI Coin or any other cryptocurrency.
Uniswap latest news
Current price: $5.26
24-hour trading volume: $261 million
Circulation market capitalization: $3.156 billion
Recent changes
In the past 24 hours, Uniswap price has fallen by about 20.71 %.
Influencing Factors
The price drop could be due to a general cryptocurrency market sell-off and heightened investor concerns.
Future trend analysis
In the short term, Uniswap prices may continue to fluctuate. Investors should pay close attention to broader cryptocurrency market dynamics as well as specific news and developments affecting the DeFi industry.
Investor Advice
Due to market fluctuations, investors are advised to be cautious when investing in Uniswap. Before making any investment decision, it is important to conduct thorough research on a project and only invest money that they are willing to lose.
Short-term trend prediction
In the short term, Uniswap price may fluctuate sideways or fall slightly.
Indicator list
- Current price: $5.26
- 24-hour trading volume: $261 million
- Circulation volume: 600 million
- Circulation market capitalization: $3.156 billion
The above is the detailed content of What currency is UNI? The role, price trend and future prospects of UNI currency. For more information, please follow other related articles on the PHP Chinese website!
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Notepad++7.3.1
Easy-to-use and free code editor
SublimeText3 Chinese version
Chinese version, very easy to use
Zend Studio 13.0.1
Powerful PHP integrated development environment
Dreamweaver CS6
Visual web development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Hot Topics
1664
14
1421
52
1316
25
1266
29
1239
24
Top 10 cryptocurrency exchange apps The latest rankings of the top 10 cryptocurrency exchange apps
May 08, 2025 pm 05:57 PM
The top ten cryptocurrency exchange apps are: 1. Binance, 2. OKX, 3. Huobi, 4. Coinbase, 5. Kraken, 6. Bybit, 7. KuCoin, 8. Gemini, 9. Bitstamp, 10. Crypto.com. Each platform has its own unique advantages and features, and users can conduct cryptocurrency transactions by downloading apps, registering and completing verification, depositing, selecting transaction pairs and confirming transactions.
Which exchanges support meme currency trading
May 08, 2025 pm 06:00 PM
Exchanges such as Binance, Coinbase, KuCoin, OKEx and Uniswap support a variety of meme currency transactions, such as DOGE, SHIB, FLOKI and BABYDOGE. Users can choose the appropriate platform according to their needs.
Ranking of the top ten digital currency quantitative trading apps, the latest list of digital currency exchanges
May 08, 2025 pm 06:03 PM
Ranking of the top ten digital currency quantitative trading apps: 1. Binance, 2. OKX, 3. Huobi, 4. Coinbase, 5. Kraken, 6. Bitfinex, 7. Bittrex, 8. Poloniex, 9. Gemini, 10. KuCoin, these platforms provide high security and good user experience, and the steps to use include downloading and installing, registering an account, enabling two-step verification, and depositing and trading.
TOP10 futures trading platforms: Perpetual contracts and options trading
May 08, 2025 pm 07:12 PM
In the cryptocurrency market, futures trading platforms play an important role, especially in perpetual contracts and options trading. Here are the top ten highly respected futures trading platforms in the market, and provide detailed introduction to their characteristics and advantages in perpetual contract and option trading.
Strategy for making money with zero foundation: 5 types of altcoins that must be stocked in 2025, make sure to make 50 times more profitable!
May 08, 2025 pm 08:30 PM
In cryptocurrency markets, altcoins are often seen by investors as potentially high-return assets. Although there are many altcoins on the market, not all altcoins can bring the expected benefits. This article will provide a detailed guide for investors with zero foundation, introducing the 5 altcoins worth hoarding in 2025, and explaining how to achieve the goal of making a 50x steady profit through these investments.
How to register in the ok exchange in China? ok trading platform registration and use guide for beginners in mainland China
May 08, 2025 pm 10:51 PM
In the cryptocurrency market, choosing a reliable trading platform is crucial. As a world-renowned digital asset exchange, the OK trading platform has attracted a large number of novice users in mainland China. This guide will introduce in detail how to register and use it on the OK trading platform to help novice users get started quickly.
The TOP5 of the safest exchanges in 2025: Black U's guide to avoid pits, the rule of 100% of funds to save lives
May 08, 2025 pm 08:27 PM
In the field of cryptocurrency trading, the security of exchanges has always been the focus of users. In 2025, after years of development and evolution, some exchanges stand out with their outstanding security measures and user experience. This article will introduce the five most secure exchanges in 2025 and provide practical guides on how to avoid Black U (hacker attacks users) to ensure your funds are 100% secure.
Top 10 cryptocurrency platforms in the world that support multi-chain transactions are authoritatively released in 2025
May 08, 2025 pm 07:15 PM
According to the latest evaluations and industry trends from authoritative institutions in 2025, the following are the top ten cryptocurrency platforms in the world that support multi-chain transactions, combining transaction volume, technological innovation, compliance and user reputation comprehensive analysis: