Uniswap
UNI#25$7.07+0.00%
Related guides
These guides mention this coin directly and help you understand it in context.
These guides mention this coin directly and help you understand it in context.
Uniswap is the governance token of the Uniswap protocol, one of the most recognized automated market maker (AMM) exchanges on Ethereum — a type of decentralized exchange that uses liquidity pools instead of traditional order books to facilitate trades. UNI gives holders a direct role in protocol governance, including votes on future upgrades and how treasury resources are allocated. That makes the token less about paying fees and more about wielding influence over how one of crypto's flagship trading protocols evolves. Because UNI is tied to governance, its market value tracks closely with how relevant Uniswap remains within decentralized trading. Broader DeFi activity, competitive pressure from rival exchanges, and the level of community participation in governance proposals all shape how the market prices the token. With a market cap above $2.2 billion and daily trading volume around $174.6 million, UNI stands as one of the larger and more actively traded governance assets in the sector — a key detail in any Uniswap analysis March 2025 snapshot. For buyers, the core proposition is straightforward: UNI represents voting power, not ownership of a company or a guaranteed claim on revenue. Its appeal lies in granting a say over protocol decisions on a major Ethereum-based exchange. The trade-off? Governance tokens can be harder to value than coins with more direct utility, particularly when voter turnout dips or the real-world impact of governance decisions becomes murky.
This content was created with the assistance of generative AI. Learn more
UNI is the token that powers voting on the Uniswap protocol, one of Ethereum's largest decentralized exchanges. Holding UNI lets you help shape upgrades and treasury decisions — but the token's value depends heavily on governance relevance and broader market demand.
Smart contract risk scan — checks for honeypots, hidden taxes and more.
Clear bullish / neutral / bearish signal based on market data, on-chain security and macro signals.
Analysis from October 22, 2026
This analysis is refreshed automatically in the background.
Rating
Confidence
Uniswap (UNI) is changing hands at $6.98 after a rough stretch: down 8.23% in 24 hours, 7.52% over the past week, and 24.10% over the past month. That's persistent weakness by any measure. Meanwhile, the broader crypto market is feeling upbeat — the Fear & Greed Index sits at 68 (Greed), up from 63 a week ago — but UNI hasn't been invited to that party. On the fundamental side, there's real substance: product expansion, record reported monthly revenue, a strong security score of 85, and $4.2 billion in total value locked (TVL). Against that, only one code update landed in the past four weeks, token ownership remains concentrated among a handful of wallets, and both interest rates and inflation are climbing. Taken together, this is a relevant, still-growing DeFi protocol wrapped in weak price momentum and a handful of execution, supply, and macroeconomic risks worth watching.
Uniswap Labs rolled out aggregator hooks — software modules that customize how trades get routed — across Ethereum, Base, and Robinhood Chain. In a separate development, UNI became the first DeFi token to get futures listed on CME Group, opening the door to price-linked derivatives without necessarily pointing to any particular price direction. Uniswap also posted record monthly revenue of $14.81 million, and Dataline announced plans to launch a token through the platform. That revenue number confirms real business activity on the protocol, though it doesn't tell us how much of that value actually flows back to UNI holders. A separate report flagged large-wallet accumulation in smaller altcoins, UNI included. Still, all seven news items tracked were rated neutral — so while visibility is up, the news flow doesn't really explain the sharp price drop.
UNI sits at $6.98, down 8.23% in the past 24 hours, 7.52% over seven days, and 24.10% over the past month. Worth noting: since the one-day loss is nearly as large as the full weekly decline, that means earlier in the week some gains partially cushioned the fall before this latest hit. Trading volume reached $464.4 million — a sign of brisk activity, though volume alone can't tell us how many traders are actually behind it. Market capitalization (price multiplied by circulating supply) comes in around $4.4 billion, which reflects overall market size rather than how easily the asset can be bought or sold. Rising interest rates and inflation, thin recent code activity, and concentrated token ownership all help explain why UNI is lagging behind the market's otherwise optimistic mood.
The Federal Funds Rate ticked up from 3.63% to 3.75%, while annual CPI inflation rose from 3.71% to 4.02% — a tighter economic backdrop for crypto assets generally. The Dollar Index dipped slightly from 121.6 to 121.4, a minor easing rather than a major shift. The Fear & Greed Index reads 68 (Greed), up five points over the past week, pointing to stronger risk appetite across the market. UNI's decline shows that optimism clearly isn't reaching every token, and a longer 90-day comparison isn't available for added context. The top stablecoins tracked hold a combined $265.9 billion, down 0.5% over seven days and 0.8% over 30 days — a neutral liquidity snapshot that doesn't point to any particular price direction for UNI. None of the seven current headlines mention a new regulatory rule; the CME futures launch is a market-access development, not a regulatory shift.
This coin analysis finds constructive and adverse signals closely balanced. Uniswap shows credible protocol scale, product expansion, and solid automated security results, but price weakness, limited recent coding activity, concentrated ownership, and a difficult macroeconomic backdrop prevent a clearly bullish read. This reflects investment research (MiFID II Del. Reg 2017/565 Art. 36), not investment advice.
UNI has fallen 8.23% in 24 hours and 24.10% over the past month despite broader Greed sentiment in the crypto market. Rising interest rates and inflation, thin recent developer activity, and token concentration offer plausible explanations, though the neutral news flow doesn't pin the drop on any single event.
Key strengths include a security score of 85, $4.2 billion in locked capital, new aggregator hooks, and record reported monthly revenue. Key risks include weak price momentum, just one code update in four weeks, 51.94% token concentration among the top 10 addresses, and the possibility of more supply entering circulation over time.
Much depends on whether Uniswap's new routing tools and record revenue convert into sustained ecosystem growth and real value capture for UNI. Strong fundamentals like its security score and $4.2 billion TVL offer support, but low development activity, concentrated ownership, and macro headwinds remain key factors to watch.
Market sentiment as a contrarian reality check for this analysis.
Balanced sentiment
Sentiment is balanced. In this zone, coin-specific fundamentals and on-chain data usually matter more than macro mood alone.
Historical BTC performance
When the index sat between 40 and 59, BTC historically moved an average of +3.0% after 30 days and +9.0% after 90 days.
Current
48
out of 100
Neutral
UNI is changing hands at $7.47, up 9.18% in the past 24 hours, 2.16% over the last week, and 16.82% over the past 30 days — a clear pattern of recent upward momentum. The standout factor right now is market mood: the Fear & Greed Index, a widely watched gauge of crypto sentiment, sits at 63 out of 100 (Greed territory), though that's down slightly from 64 a week ago. On the fundamentals side, Uniswap holds $3.9 billion in total value locked (TVL), earns a security score of 85, and reportedly commands 47.2% of the $161.4 billion in stablecoin decentralized-exchange volume across its v3 and v4 contracts. Counterbalancing these strengths: heavy token concentration among top holders, just one GitHub commit in the past four weeks, and a macro backdrop of rising interest rates and inflation. For anyone doing coin analysis on UNI, the picture is one of balance — encouraging momentum shadowed by both project-specific and economic risks.
UNI is trading at $7.04 after falling 10.16% in 24 hours and 21.59% over seven days, although it remains 2.62% higher over 30 days. The Fear & Greed Index stands at 64 (Greed), but its decline from 72 to 64 shows that market optimism is cooling. Constructive elements include an 85/100 contract trust score, $3.9 billion in total value locked and several neutral headlines involving Uniswap v4 and tokenized stocks. Those factors are offset by zero recorded GitHub commits over four weeks, a 51.95% concentration among the ten largest addresses, rising interest rates and higher inflation. For investors, the picture is balanced: Uniswap retains meaningful protocol scale and institutional relevance, but its recent weakness and fundamental risks limit conviction over the coming weeks and months.
Uniswap's UNI token is changing hands at $8.04 after a rough 24 hours — down 9.3% — and a 7-day slide of 8.1%. Zoom out to the monthly view, though, and UNI is still up 14.3%, so this looks more like a sharp pullback than a trend reversal. The Fear & Greed Index sits at 71 (Greed), down slightly from 74 a week earlier, suggesting the market's appetite for risk remains strong but is starting to lose steam. On the positive side, UNI's smart contract carries a trust score of 85/100, the protocol holds roughly $4.0 billion in total value locked (TVL), and several institutional integration stories have surfaced recently. Weighing against that: tracked GitHub activity shows zero commits over the past four weeks, the top 10 wallet addresses hold 51.95% of all tokens, and rising interest rates alongside stickier inflation make for a tougher macro backdrop. Taken together, this is a coin analysis that balances Uniswap's scale and growth ambitions against softer short-term momentum, concentrated ownership, and macroeconomic headwinds.
UNI is changing hands at $8.83, up a striking 102.4% over the past 30 days and 3.1% over the last week — though the past 24 hours brought an 11.7% pullback. Market mood is still leaning greedy: the Fear & Greed Index sits at 74 (Greed), down slightly from 78 a week ago, suggesting enthusiasm remains high even as the risk of a sharper reversal grows. Recent CME futures announcements, a smart-contract trust score of 85/100, and roughly $4.0 billion in tracked protocol TVL (total value locked — the amount of capital deposited in Uniswap's contracts) all add constructive context. That said, TVL alone doesn't confirm fresh deposits or rising actual usage. On the risk side, the ten largest wallet addresses hold 52.1% of all tokens, and the monitored GitHub repository logged zero commits over the past four weeks. For anyone doing coin analysis on UNI, the positives and the warning signs are roughly balanced — and with on-chain flow data and token-unlock details unavailable, it's hard to say with confidence which way demand and supply pressure will tilt next.
Uniswap (UNI) is trading at $9.30 after a 113.9% surge over the past 30 days and a 37.7% climb over the last week — momentum that cooled sharply with a 10.8% drop in the most recent 24 hours. The Fear & Greed Index sits at 71 (Greed territory), up 15 points in just a week, a sign that enthusiasm is running hot and possibly overheating. CME Group's plan to launch UNI futures gives the market a credible catalyst and opens the door to wider derivatives access, though the news coverage itself stays neutral and doesn't confirm any direct pickup in token demand. Smart-contract checks look solid, but the tracked GitHub repository shows zero commits in four weeks, and the 10 largest wallet addresses hold 52.13% of all tokens. Taken together, this investment research (MiFID II Del. Reg 2017/565 Art. 36) paints a picture of strong momentum and healthy protocol capital paired with real concentration risk, macroeconomic headwinds, and blind spots around on-chain flows and token-unlock timing.
This content was created with the assistance of generative AI. Learn more
$7.07
24h
+0.00%
7d
-4.61%
30d
-26.88%
62.4% of the max supply is circulating