UNI/USD · outlook
Uniswap: what the data says
The governance token of the largest decentralized exchange protocol, central to the decentralized finance (DeFi) trading ecosystem. Unlike a traditional exchange with an order book, Uniswap uses an "automated market maker" model built on liquidity pools, where price updates algorithmically based on the ratio of deposited assets. UNI token holders can vote on proposals that shape the protocol's future development and treasury allocation.