UNI whales appear to be in distress as they engage in offloading tokens after Uniswap revealed receiving a notice from the US Securities and Exchange Commission (SEC) that it plans to pursue an enforcement action. Following the development, UNI’s price tumbled to $9.27, extending its monthly losses to over 35%. UNI Whales Sell Tokens The...Read More
The U.S. Securities and Exchange Commission (SEC) is cracking down on another corner of the crypto industry, this time targeting one of the biggest players in decentralized finance (DeFi). On Wednesday, the regulator issued a Wells Notice against Uniswap Labs, the company behind the world’s largest decentralized exchange (DEX). Uniswap To Be Sued By SEC...Read More
Uniswap, the decentralized exchange (DEX) pioneer, has achieved a significant milestone by surpassing $2 trillion in all-time trading volume. This achievement marks a historic moment for the platform, occurring five and a half years after its launch in November 2018. Uniswap’s $2 Trillion Milestone According to data from a Dune Analytics dashboard compiled by Uniswap’s...Read More
Amidst a broader market rebound, several DeFi-related projects appear to be bustling with development activity. Topping the list is Cosmos-based decentralized exchange Osmosis, which experienced a notable surge in development activity, emerging as the leading DeFi project over the past month. Osmosis Leads DeFi Development According to the data shared by Santiment, Osmosis recorded more...Read More
In a post on X on Feb. 15, the Uniswap Foundation provided the release window “now that the launch of Dencun [Ethereum upgrade] on Mainnet has been scheduled for March 2024.” The Q3 rollout of Uniswap v4 will occur after Ethereum’s Dencun upgrade, which will enable EIP-1153 for transient storage. EIP-1153 will allow Uniswap v4...Read More
Uniswap’s native token – UNI – has demonstrated a noteworthy surge of 28% over the past week alongside the rest of the crypto market. It is currently trading above $7.71 with a market capitalization of $4.61 billion. The latest data indicated that UNI may be poised for more growth. Industry expert Ali Martinez said that...Read More
Uniswap has seen substantial growth over the last week following the implementation of various features on the platform, such as Rootstock, an Android mobile wallet app, and extended capabilities to other blockchains. Uniswap’s native cryptocurrency, UNI, has also experienced a notable surge during the recent crypto bull market, witnessing a 22% increase over the past...Read More
The recent surge in cryptocurrency markets over the last month seems to have spilled over into the realm of decentralized finance (DeFi). The trading volume on decentralized exchanges (DEX) has traditionally been considerably lower than that of centralized exchanges (CEX). However, the recent market rally has led to increased activity, albeit at a somewhat slower...Read More
The proposal seeks to delegate 10 million UNI from the DAO’s treasury to underrepresented delegates. The top four candidates get up to 2.5 million UNI, and the rest of the tokens will be equally delegated to other candidates. The proposal, currently in ‘temperature check’, now faces an on-chain vote before delegates would receive UNI from...Read More
Uniswap has rolled out the completed version of its wallet app to all Android users following a brief beta testing period that began last month. The app brings a simple mobile user interface to its decentralized exchange (DEX), which is currently the largest in the entire crypto ecosystem. Per Uniswap’s announcement on Tuesday, app users...Read More
Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become the most popular category among investors amid adverse market conditions. QuickNode’s latest on-chain report revealed a notable surge in stablecoin activity across blockchain networks. Stablecoins saw a 45% growth in active addresses and a 41%...Read More
The rare UNI transfer by Uniswap Foundation had put significant pressure on the token over the past week. But the data suggest that “selling pressure has gotten exhausted.” The prominent on-chain analyst, Ali Martinez, believes that UNI could be on the verge of a breakout. UNI Gearing up for Breakout? Citing Intotheblock’s data, Martinez said...Read More
UNI’s price has seen a substantial upswing in recent days. Alongside this upward momentum, a massive sale of the tokens from an address has sparked fears of yet another potential downturn. The move was unexpected, but UNI’s price has remained largely unfazed by the massive token movement, at least for now. According to on-chain expert...Read More
The price of HayCoin (HAY), the first-ever token floated on the decentralized exchange Uniswap, witnessed a remarkable surge, reaching a peak of $5.5 million per token on Thursday. This massive price increase followed token burning by long-term holders, indicating a notable development in the market. HAY Token Surges to $5.5 Million On Oct. 26, HAY...Read More
The recent introduction of fees by Uniswap sparked speculation about a ‘sell the news’ reaction, a closer examination, however, offers a different perspective. Despite a 5% decline in UNI’s price since the initial announcement, Uniswap’s on-chain activity has grown. According to the latest insight by Santiment, a noticeable disparity is observed in the diminishing UNI...Read More
According to CryptoRank Platform, the cryptocurrency market is about to witness seven substantial token unlocks this week. The first is scheduled for September 12, when the blockchain platform Aptos will release $24.8 million worth of APT into circulation. Events of this type could impact market liquidity and trading volume, thus spurring a price decline for...Read More
On Aug. 30, the United States District Court for the Southern District of New York dismissed the suit against the decentralized exchange, its CEO, and its venture capital backers. The suit was brought by six individuals who bought what they alleged were scam tokens on Uniswap between December 2020 and March 2022. The plaintiffs claimed...Read More
The summer period’s lackluster trading activity is evident as digital asset investment products recorded outflows of $107 million this week. The profit-taking has gathered tremendous pace lately, with weekly trading volumes in investment products 36% below the year-to-date average. The wider on-exchange market has experienced a more significant decline, with volumes down 62% relative to...Read More
Signs of recovery during the later stages of Q1 dampened as trading volumes failed to continue the upward trend in Q2. While centralized crypto exchanges were the biggest losers due to the mounting pressure from regulators, the resultant choppy market conditions didn’t spare the decentralized counterparts either. The latest data compiled by CoinGecko revealed that...Read More
Uniswap Labs has shared some detail about its much-anticipated v4 release, which is currently undergoing active development. In a new post, the team behind the DeFi juggernaut Uniswap said it is thinking about the launch of the upcoming version in terms of three milestones. If no security issues or delays with respect Cancun hard fork...Read More
Leading Decentralized Exchange (DEX) protocol Uniswap announced its upgrade to Uniswap v4 on Tuesday, bringing a host of customizable features to the protocol. The team also open-sourced the protocol’s draft code to invite anybody to build within its ecosystem. Uniswap v4: What’s Inside? As shared by Uniswap Labs, the upgrade’s primary innovation is the inclusion...Read More
The crypto market significantly improved this year, but volatility persisted. Despite this, Uniswap managed to maintain its dominance over the decentralized market. In fact, it remains one of the largest decentralized exchanges in the ecosystem, commanding over $4 billion in total value locked (TVL) across all blockchains. In yet another milestone, the protocol officially surpassed...Read More
Last week’s collapse of Silicon Valley Bank (SVB) and the subsequent contagion appeared to have worked in favor of the decentralized exchanges as trading activity soared to levels not seen since November 2022. According to the latest data from DeFiLlama, the daily trading volume on decentralized exchanges was up by an astonishing 255.36% over the...Read More
The decline of centralized entities has worked out well for their decentralized counterparts. Over the weekend, USDC witnessed a significant trading volume on several decentralized exchanges. Uniswap, for one, reached its highest daily volume ever of $11.84 billion on March 11th. But it isn’t the only decentralized protocol that saw traction. Decentralized Exchanges Register Impressive...Read More
Leading decentralized exchange (DEX) Uniswap v3 will be deploying on Ethereum’s layer 2 protocol Boba Network following a successful governance vote from the Uniswap community. The proposal was earlier submitted by the Boba Foundation and FranklinDAO with backers including GFX Labs, Blockchain at Michigan, Gauntlet, and ConsenSys. 51.01M Voted Yes on the Proposal In a...Read More
Crypto venture firm a16z has used its 15 million UNI token voting block to vote against a proposal that would use the Wormhole bridge for Uniswap V3 deployment on BNB Chain. According to the ongoing results of the proposal vote, a16z’s overwhelming token stash enabled it to control around half of the votes so far,...Read More
Uniswap has announced a partnership with fintech firm Moonpay to enable users to purchase cryptocurrency on its web app using debit cards, credit cards, and bank transfers. The new service aims to address a deep-rooted issue for decentralized exchange protocols that do not support fiat pairs. However, their centralized counterparts do. As part of the...Read More
According to the most recent data, GMX earned more daily revenue than Uniswap, becoming the market leader for the first time ever. Delphi Digital reported that the platform raked in $1.15 million in trading fees, while that of Uniswap stood at $1.06 million. Moreover, GMX is now the fifth-largest decentralized application on Token Terminal’s dashboard,...Read More
The decentralized exchange Uniswap enabled NFT trading on its platform by listing digital collectibles a part of leading marketplaces, such as OpenSea, LooksRare, Sudoswap, and more. The initiative comes a few months after Uniswap acquired the NFT aggregator Genie. The DEX revealed that as of today (November 30), its users could trade a variety of...Read More
Uniswap Labs – the developer of Uniswap Protocol – released its privacy policy to be transparent about what data it is protecting and how it uses the information it collects. The team clarified that it does not maintain user accounts nor collect and store personal information such as – first name, last name, street address,...Read More
