Uniswap is a pioneering decentralized exchange (DEX) built on Ethereum, designed to enable anyone to swap tokens directly from their wallet without intermediaries, while retaining full custody of their assets. Fully open-source, permissionless, and non-custodial, Uniswap introduced a breakthrough in decentralized finance (DeFi) through its innovative use of Automated Market Makers (AMMs), replacing traditional order books with liquidity pools. Users trade directly against pooled assets and can earn rewards by providing liquidity. Governance of the protocol is decentralized and community-led via the UNI token, with the Uniswap Foundation supporting the ongoing development of the ecosystem.
Category
DEXAutomated Market Maker (AMM)
Initial circulating supply
150,000,000 UNI
Initial total supply
1,000,000,000 UNI
Circulating supply
740,365,078 UNI
Total supply
1,000,000,000 UNI
Max supply UNI initially had a fixed total supply of 1 billion tokens. However, since the end of the vesting schedule in September 2024, a perpetual annual inflation rate of 2% originally planned at launch has been enabled and can be activated by governance, making the token’s supply technically uncapped.
Uniswap is a pioneering decentralized exchange (DEX) built on Ethereum, designed to enable anyone to swap tokens directly from their wallet without intermediaries, while retaining full custody of their assets. Fully open-source, permissionless, and non-custodial, Uniswap introduced a breakthrough in decentralized finance (DeFi) through its innovative use of Automated Market Makers (AMMs), replacing traditional order books with liquidity pools. Users trade directly against pooled assets and can earn rewards by providing liquidity. Governance of the protocol is decentralized and community-led via the UNI token, with the Uniswap Foundation supporting the ongoing development of the ecosystem.
Category
DEXAutomated Market Maker (AMM)
Initial circulating supply
150,000,000 UNI
Initial total supply
1,000,000,000 UNI
Circulating supply
740,365,079UNI
Total supply
1,000,000,000UNI
Max supply UNI initially had a fixed total supply of 1 billion tokens. However, since the end of the vesting schedule in September 2024, a perpetual annual inflation rate of 2% originally planned at launch has been enabled and can be activated by governance, making the token’s supply technically uncapped.
