Cryptocurrencies > Coins > Uniswap
Uniswap (UNI)
$... +..%
Market Cap: $???,???
Fundamental Crypto Asset Score
- Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.
- An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.
- Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.
- Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.
- In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol.
Uniswap is a DEX (Decentralised Exchange) operating on the Ethereum network. The exchange is governed by the UNI token. Since 2021 Uniswap is using Optimism (layer-2) for faster transaction finality and negligible transaction fees.
67
CE-Score (out of 100)
Aug 17, 2022
Ecosystem Structure: 8.1
Token Economics: 4.6
Market Opportunity: 7.9
Core Team: 6.6
Token Performance: 7.1
Roadmap Progress: 3.9
Underlying Technology: 8.9