Uniswap UNI

Coin
Last Update:
30 minutes ago
Price
$6.336 4.54% 24H
3,190,620.3333333 IRR
Market Volume
207,074,681,386 IRR
56,195.226901659 UNI
Market Cap
$3,726,979,685
11,891,377,164,160,932 IRR
Circulating Supply
588,187,016 UNI
Min & Max Price
3,121,140 IRR
3,243,190 IRR
Global Volume
$139,862,912
22,072,980 UNI

Description

Uniswap is a decentralized cryptocurrency exchange built on the Ethereum blockchain. It was launched in 2018 and has quickly become one of the most popular decentralized exchanges (DEX) in the crypto space.

History of UniSwap:

Uniswap was created by Hayden Adams, who was inspired by the concept of automated market makers (AMMs). Uniswap was designed to be a fully decentralized exchange that uses AMMs to determine the price of tokens. The exchange was launched in November 2018 and quickly gained popularity among the DeFi (decentralized finance) community.

UniSwap Features:

Uniswap is a decentralized exchange, meaning that there is no central authority controlling the exchange. The exchange is built on the Ethereum blockchain and uses smart contracts to automate the process of trading tokens. Uniswap is different from traditional centralized exchanges in that it uses an AMM system, which allows for liquidity pools to determine the price of tokens instead of order books. Users can provide liquidity to these pools and earn a portion of the trading fees generated by the exchange.

UniSwap Market:

As of March 2023, Uniswap is one of the top decentralized exchanges by trading volume, with a market share of approximately 50%. The exchange has seen significant growth in the past year, with its trading volume increasing from $1 billion in March 2022 to over $10 billion in February 2023.

UniSwap Mining:

Uniswap does not use a traditional mining system like Bitcoin or Litecoin. Instead, users can provide liquidity to the liquidity pools on the exchange and earn trading fees in return. Additionally, Uniswap has a governance token called UNI, which can be earned by providing liquidity to the exchange. UNI holders have voting rights on the platform and can participate in the governance of the exchange.

Energy Consumption:

Uniswap, like other decentralized exchanges built on the Ethereum blockchain, uses a proof-of-stake consensus mechanism called Ethereum 2.0. This means that the energy consumption required for mining and maintaining the network is significantly less than proof-of-work systems like Bitcoin and Litecoin. However, there is still a significant amount of energy consumption required for processing transactions and maintaining the network, and efforts are being made to develop more energy-efficient solutions.

 

Read more

Token Info

Uniswap Price: $6.336
Price Change: 4.54% 24H 4.8% 7D

Calculator

Uniswap Local Markets in Iran

Source Price %24h %7d Volume (24h) Confidence Liquidity Last Update
Nobitex 3,173,340 IRR 3.1% 0% 17,143,523,060 IRR
High
8/10 28 minutes ago
Huluex 3,210,953 IRR 4.27% 0% 1,175,091,348 IRR
Medium
5/10 27 minutes ago
Ramzinex 3,200,000 IRR 3.81% 0% 4,153,774,854 IRR
High
7/10 27 minutes ago
Wallex 3,193,110 IRR 4.65% 4.83% 4,139,771,366 IRR
Medium
6/10 28 minutes ago
Exir 3,180,000 IRR 0% 0% 1,560,000,000 IRR
High
8/10 28 minutes ago
BitPin 3,121,140 IRR 0.03% 0% 6,352,961,750 IRR
High
7/10 28 minutes ago
Exbito 3,195,000 IRR 4.14% 0% 89,751,814,657 IRR
Medium
6/10 27 minutes ago
Tabdeal 3,198,850 IRR 4.28% 0% 82,469,359,280 IRR
Medium
6/10 27 minutes ago
RabinCash 3,243,190 IRR -5.6% 0% 328,385,071 IRR
Medium
5/10 27 minutes ago