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Uniswap (UNI) logo

Uniswap UNI

Rank #41 · Protocol token
Uniswap price · USD
$3.25
-6.75%24h
Updated · refreshes every 5 minReviewed by HodlChecker editorial

Uniswap (UNI) is the governance token for the Uniswap protocol, one of the largest decentralised exchange systems in crypto.

7 day movement
Low High

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Market data

Key metrics

Market cap
$2.03B
#41-6.75% · 24h
24h volume
$234.24M
7D volume
Circulating supply
624.08M UNI
62.4% of 1B max
All-time high
$44.92
-92.77%
May 2, 2021

Price chart

Uniswap price chart

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Converter

UNI to USD calculator

Convert any amount of UNI to USD (or USD to UNI) at the live mid-market rate.

Rate: 1 UNI = 3.25 USD. Live mid-market price refreshed every 5 minutes. Exchanges may quote slightly different rates including spread and fees.

Where to buy

Compare verified UNI exchanges

A broader comparison of up to five exchange partners with UNI support and a region-routed sign-up link, ranked by HodlChecker score rather than bonus size.

We may earn a commission when you sign up via our links — this never affects price or our rankings. Crypto is volatile and you can lose money. Availability varies by country.

Kraken logo
Kraken
Since 2011
Best overall
Up to $200 with promo code g8474kwz
Best for transparent fees and strong security reputation.
Fee signalKraken standard app: ~1.5% plu
Rating
4.5★★★★★
View Kraken Review
Visit Site
Coinbase logo
Coinbase
Since 2012
Alternative
Up to $2,000 in BTC (random) or $200 referral
Best for beginners who want a simple regulated on-ramp.
Fee signalVaries by tier
Rating
4.2★★★★★
View Coinbase Review
Buy on Coinbase
Gemini logo
Gemini
Verified
Verified
"$15-$75 in BTC (varies by region)"
Useful alternative when fees, payment methods, or regional access differ.
Fee signal"ActiveTrader: 0.60% maker/1.2
Rating
3.5★★★★★
View Gemini Review
Visit Site
C
Crypto.com
Verified
Verified
Welcome offer available
Useful alternative when fees, payment methods, or regional access differ.
Fee signalCheck venue
Rating
Reviewed
Visit Site
Binance logo
Binance
Since 2017
Verified
$100 USDT standard
Best for deep UNI liquidity and active traders.
Fee signalVaries by region
Rating
4.6★★★★★
View Binance Review
Buy on Binance

UNI market prices

Uniswap markets

Native UNI spot pairs on centralized exchanges, ranked by reported 24h USD volume. Prices can differ by spread, liquidity, fees, and region.

No fresh native UNI centralized-exchange tickers are available right now.

Market data is filtered to remove stale or anomalous pairs. Use it as a liquidity and price reference, not a guarantee of executable pricing.

What Uniswap represents

UNI is the governance token for Uniswap, a decentralised exchange protocol. Protocol token pages focus on protocol usage, governance power, token economics, and value-accrual risk rather than mining, staking, or peg mechanics.

Protocol
Uniswap
Category
Decentralised exchange protocol
Token role
Governance and delegation

UNI governs the Uniswap protocol

UNI is primarily a governance token. Holders can delegate voting power and participate in decisions around protocol parameters, treasury spending, fee settings, deployments, and ecosystem incentives. Owning UNI does not automatically make a holder a liquidity provider or guarantee fee income.

Treasury allocation

Governance can approve grants, incentives, service-provider budgets, and other spending from the Uniswap treasury.

Protocol fees

Governance can configure protocol fees, which are separate from LP swap fees and can route value into protocol-controlled contracts.

Protocol direction

Governance steers deployments, ecosystem initiatives, upgrades, and parameter changes that shape how Uniswap competes across chains.

View governance activity

Protocol metrics to watch

The live market cap tells you what the token is worth today. These protocol metrics help explain whether the underlying protocol is becoming more useful, more profitable, or more strategically important.

DEX volume

Primary demand signal

Swap volume shows whether traders and aggregators are routing meaningful activity through Uniswap pools.

Check metric

TVL / liquidity

Execution quality

Deep liquidity helps Uniswap offer better pricing and lower slippage, which protects market share against competing DEXs.

Check metric

Protocol fees

Value-accrual variable

Protocol-fee activation and release mechanics are governance-sensitive, so fee policy matters more than headline swap volume alone.

Check metric

Governance participation

Control quality

Delegation, quorum, voter concentration, and proposal quality determine whether token governance is active or merely symbolic.

Check metric

UNI token economics

Governance value, not gas value

UNI is not the gas token for Uniswap trades. Users pay network gas in ETH or the relevant chain asset, while UNI is used for governance and delegation.

Fees are not automatic dividends

Uniswap protocol fees and fee-release mechanics depend on governance and contract design. Treat any token-holder value accrual as policy-dependent, not guaranteed income.

Token demand follows protocol relevance

If Uniswap keeps deep liquidity, high routing share, and credible governance, UNI can retain strategic value. If volume migrates elsewhere or governance fails to create value, token demand can weaken even if the protocol remains known.

Uniswap protocol-token risks

Protocol tokens can look attractive because the underlying apps are widely used. The token still has separate risks around governance, fee policy, competition, regulation, and whether usage creates value for holders.

Value-accrual uncertainty

A protocol can be heavily used without sending direct value to token holders. UNI valuation depends partly on future governance choices and fee mechanics.

Governance concentration

Large delegates, foundations, investors, and inactive voters can shape outcomes. Token-weighted governance is not one-person-one-vote.

Smart-contract and integration risk

Uniswap contracts are widely used, but DeFi integrations, hooks, routers, bridges, and front ends can introduce separate risks.

Competitive pressure

DEX aggregators, competing AMMs, CEXs, intent protocols, and chain-specific incentives can pull volume and liquidity away.

Regulatory risk

Decentralised trading protocols and their interfaces can attract regulatory scrutiny, especially around front-end access, token listings, fees, and governance responsibility.

Treasury and incentive risk

Grants and liquidity incentives can support growth, but weak spending discipline can dilute the strategic value of the treasury.

About the asset

About Uniswap

UNI is the governance token for Uniswap, an Automated Market Marker DEX on the Ethereum blockchain. The UNI token allows token holders to participate in the governance of the protocol. Key decisions such as usage of the treasury or future upgrades can be decided through a governance vote.

What drives the Uniswap price

The structural forces behind UNI's price moves — without forecasting where it goes next.

Protocol usage

UNI is tied to the Uniswap protocol narrative, so traders watch swap volume, liquidity depth, active pools, chain deployments, UniswapX adoption, Unichain activity, and whether Uniswap keeps share against other DEX aggregators and AMMs.

Governance and fee decisions

UNI holders govern protocol parameters, treasury spending, and protocol-fee activation. The token does not automatically receive all Uniswap trading fees; the market prices expectations around governance decisions, fee collection, buyback or burn mechanics, and future value-accrual proposals.

Regulation and competition

Uniswap sits at the center of DeFi trading, so regulatory pressure, front-end rules, MEV, competing DEXs, aggregator routing, and liquidity incentives can all affect UNI demand even when the smart contracts continue operating.

Uniswap milestones

  1. Nov 2018Uniswap v1 launches on Ethereum
  2. Sep 2020UNI token launches and Uniswap governance begins
  3. May 2021Uniswap v3 introduces concentrated liquidity
  4. Oct 2023UniswapX begins expanding intent-based routing
  5. 2024Uniswap v4 and Unichain become major protocol roadmap items

This is context, not a forecast. Uniswap prices can move sharply in either direction; nothing on this page is financial advice.

Uniswap FAQ

What is the current price of Uniswap?
Uniswap is trading at $3.25 per UNI, with a market cap of $2.03B. Prices on this page refresh every 5 minutes.
How do I buy Uniswap?
You can buy Uniswap (UNI) on most major cryptocurrency exchanges, including Kraken. Sign up, complete identity verification, deposit funds via bank transfer or card, then place a market or limit order for UNI. The "Where to Buy" section above lists exchanges with active welcome offers.
Is Uniswap a good investment in 2026?
Uniswap carries the same volatility risk as all cryptocurrencies — prices can swing sharply in either direction. Whether UNI fits your portfolio depends on your risk tolerance, time horizon, and how much you're willing to lose. This page is informational; nothing here is financial advice. Always do your own research and consider speaking to a licensed advisor.
How is the Uniswap price determined?
Uniswap's price is set by supply and demand across hundreds of exchanges worldwide. The figure shown on this page is a volume-weighted average across major trading venues. Individual exchanges may show slightly different UNI/USD rates depending on their order books.
What is the maximum supply of UNI?
Uniswap has a hard-capped maximum supply of 1B UNI. Once that ceiling is reached, no new coins will ever be created.
Can I buy Uniswap on a decentralised exchange (DEX)?
Yes. UNI trades on DEXs across Ethereum. To swap on a DEX you need a self-custody wallet (e.g. MetaMask, Rabby, or a hardware wallet) plus the chain's native gas token — ETH on Ethereum, BNB on BNB Smart Chain. Most users still buy UNI on a major centralised exchange first and only use DEXs when they want self-custody or to access a chain that the CEX doesn't support.
What is the official Uniswap contract address?
On Ethereum, the official Uniswap (UNI) contract address is 0x1f9840a85d5aF5bf1D1762F925BDADdC4201F984. Always verify this address against the chain's block explorer before swapping — copycat tokens with similar names are a common scam vector for tradeable tokens. Additional chain deployments are listed in the "Buy on a DEX" section above.

Informational only. Cryptocurrency is volatile and not suitable for everyone — nothing on this page is financial advice.