Uniswap price UNI

What is Uniswap?

Uniswap is the largest decentralised exchange, or DEX, letting people swap tokens straight from their own wallets without a middleman. It pioneered the automated market maker model, where pools of tokens and an algorithm set prices instead of a traditional order book. Its token, UNI, is a governance token: holders help steer the protocol through the Uniswap DAO.

The protocol launched in 2018, created by developer Hayden Adams, and the UNI token followed in September 2020 through a widely publicised airdrop to past users of the platform.

Following the live Uniswap price

On this page you will find the live Uniswap price in both US dollars and euros, with the context you need to read the market. The chart shows the last 7 days by default, and you can switch the view to 24 hours, 7 days, 1 month, 3 months, 6 months or a full year. Tap a button and it redraws straight away.

That makes it simple to weigh recent action against the bigger picture before drawing conclusions.

Market data at a glance

Together with the live rate, the page collects:

• The day’s high and low.
• Market capitalisation in dollars (B for billion, M for million).
• Combined trading volume across the major exchanges.
• The amount of UNI in circulation, out of a one billion total supply.
• The all-time high, when it was reached and how far below it the price sits now.
• Where you can buy UNI.
• Links to the official website, whitepaper and social channels.

Convert UNI and see the real cost

The calculator instantly converts any amount of UNI into dollars or euros, and back again. Beside it sits an exchange fee calculator, so you can see what a trade actually costs once fees are counted and roughly how much UNI you would receive, rather than just the quoted figure.

Historical Uniswap data

Under historical data you can revisit past prices on any date, shown in dollars as the market standard, with the matching trading volume and market cap.

Uniswap’s price story

• September 2020: UNI launches via airdrop and trades around a few dollars.
• May 2021: UNI reaches its all-time high near 45 dollars, around the launch of its V3 upgrade.
• 2022: it falls through the bear market alongside the wider DeFi sector.
• 2023 to 2025: a broad range, with moves often driven by debate over whether the protocol should turn on fees for UNI holders.

As the leading DEX token, UNI tends to rise and fall with the health of decentralised finance as a whole.

What moves the Uniswap price?

The value of UNI reflects supply and demand, with trading activity on the protocol and its governance decisions both mattering. The main drivers:

Why the value climbs

• Rising trading volume and activity on the exchange.
• Progress on the long-debated fee switch for UNI holders.
• New versions, chains or products from Uniswap Labs.
• A strong DeFi market and risk-on sentiment.

Why the value drops

• A slowdown in DeFi activity and trading volume.
• Competition from rival decentralised exchanges.
• Market-wide downturns or a global crisis.
• A buy the rumour, sell the news reaction.

These are far from the only factors, but they explain most of the swings. For broader context, follow our latest altcoin news and our Ethereum news.