What is Uniswap (UNI) The Cryptocurrency Status!

Yugocean

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Uniswap is an Ethereum based open-source DeFi platform. Its ticker symbol is UNI.

Hayden Adams an Ex-employee of German conglomerate Siemens developed this token in 2020 and become popular at once. It survived a hacking attempt in April 2020

Uniswap is not a market maker, it uses liquidity pools which create efficient markets. Users provide liquidity and earn a percentage of the trading fees.

Uniswap is active in the coin market; and ranks among the top 15 cryptocurrencies. Total supply of this crypto is 1 Billion UNI, currently, more than 280 million UNI are circulating in the coin market. Exchangers like OKEx, Binance, Coinnbase etc use UNI in trading, there are more than 100 pairs in different exchanges to trade UNI.
 
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