Uniswap

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.
Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges. In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future — an attractive aspect of decentralized entities.

Uniswap was launched in November 2018 as a proof of concept for automated market makers (AMMs). Hayden Adams is the inventor of the Uniswap Protocol and CEO at Uniswap Labs. 

Uniswap is a decentralized exchange (DEX) built on Ethereum that uses an automated market-making infrastructure to let traders, developers, and liquidity providers participate in a secure marketplace. 

AMMs allow for automatic and permissionless trading that removes the need for the traditional broker-dealer model that matches individual buy and sell orders. This system enables users to pool together assets that participants trade against. 

AMMs aim to solve the challenge of illiquidity previously faced by decentralized exchanges by creating liquidity pools and incentivizing liquidity providers to supply their assets into the system. 

Uniswap's maximum supply is 1 billion UNI. More than 627 million UNI are in circulation as of December 2021.

Uniswap is the leading DEX by volume, with a nearly 80% market share of weekly DEX volume as of Nov. 29. 2021, according to Dune Analytics. The nearest rival is Sushiswap with its 11% share. 

Despite the gap in trading volume, there is a long list of competitors in the DeFi space. Notable rivals to watch include Curve, Sushiswap, Pancakeswap, and more. 

Bitcoin

BTC traded within a well-defined range as polkadot and uniswap rallied, cosmos slid.

Bitcoin stalls below $70,000 while DOT, UNI lead altcoin surge

A governance proposal would activate protocol fees across eight additional chains and automate fee collection on all v3 pools, potentially adding an estimated $27 Million in annualized revenue.

Uniswap's UNI jumps 15% as governance vote to expand fee switch gains momentum

Uniswap Labs has released seven open-source artificial intelligence (AI) “Skills” designed to let autonomous agents execute core decentralized exchange ( DEX) operations with cleaner code, fewer failed transactions and tighter control over slippage. Uniswap Moves DeFi Toward Machine-Native Workflows The announcement, made Feb.

Uniswap AI Suite Seeks to Streamline Autonomous Trading

Lido DAO

Chaos Labs' Craig La Riche and Lido's Will Shannon said BlackRock's purchase of UNI marks a turning point for institutional DeFi adoption.

BlackRock's UNI purchase and other DeFi developments, with Lido and Chaos Labs

Uniswap's community is mulling expanding protocol fees to bolster revenue collection across all remaining v3 pools on the Ethereum mainnet.

Uniswap governance considers activating protocol fees on all v3 pools, expanding to eight additional chains

Bitcoin Cash (BCH), up 5.3% from Thursday, joined Uniswap (UNI) as a top performer.

CoinDesk 20 performance update: Uniswap (UNI) jumps 5.4%, leading index higher

Uniswap Labs and Securitize have integrated trading access for Blackrock's BUIDL fund via UniswapX, offering eligible investors near-instant, onchain liquidity between tokenized fund shares and USDC.

Securitize and Uniswap Labs Expand Access to Blackrock's BUIDL

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: White House stablecoin meeting ends in impasse, BlackRock taps Uniswap for direct onchain BUIDL trading, and more

Uniswap (CRYPTO: UNI) spiked 15% after BlackRock (NYSE:BLK) on Wednesday integrated its $1.8 billion BUIDL token onto UniswapX, purchasing an undisclosed amount of UNI tokens. The BlackRock DeFi Entry According to a press release, BlackRock will bring its Treasury-backed digital token BUIDL onto Uniswap, where institutional traders can buy and sell it through UniswapX technology.

BlackRock Makes Historic DeFi Move As Uniswap Deal Sends UNI 15%

Uniswap's governance token jumped after the decentralized exchange's creators announced an integration with BlackRock's tokenized fund.

Uniswap Token Jumps Following BlackRock Investment as BUIDL Goes DeFi

BlackRock is bringing its tokenized Treasury fund BUIDL to Uniswap through Securitize, marking its first direct DeFi trading integration.

BlackRock, Securitize tap DeFi giant Uniswap for direct onchain BUIDL trading; UNI surges 20%

BlackRock will make shares of its $2.2 billion tokenized U.S. Treasury fund tradable on the decentralized exchange Uniswap.

BlackRock takes first DeFi step, lists BUIDL on Uniswap as UNI jumps 25%

Bitwise has become the first asset manager to make a formal move toward a Uniswap-focused exchange-traded fund.

Uniswap ETF enters the chat: Bitwise files a registration statement with the SEC

CCAs are a price-discovery and liquidity-boosting mechanism that minimizes the impact of bot snipers when launching tokens.

Uniswap to roll out ‘Continuous Clearing Auctions' on main frontend, reshaping its token launch process

The filing comes after regulators closed their probe into Uniswap Labs, shifting attention from enforcement toward questions over liquidity.

Bitwise Registers Uniswap ETF Trust in Early Step Toward Potential Filing

Litecoin (LTC) was also an underperformer, down 2.1% from Wednesday.

CoinDesk 20 Performance Update: Uniswap (UNI) Drops 4.6%, Leading Index Lower

Hedera (HBAR) was also among the underperformers, down 1.4% from Tuesday.

CoinDesk 20 Performance Update: Uniswap (UNI) Falls 1.5% as Index Trades Lower

Aave

Zcash

Canton

NEAR Protocol

Tron

Bitwise Asset Management just filed registration statements with the U.S. Securities and Exchange Commission for 11 new cryptocurrency strategy exchange-traded funds (ETFs). The filings would trade on NYSE Arca if approved, expanding regulated access to major altcoins.

Crypto Giant Bitwise Files for ZCash, Aave, Sui and Eight Additional Altcoin ETFs With SEC

Bitwise is moving to list 11 single-asset crypto strategy ETFs on NYSE Arca, expanding U.S. market exposure to major protocol tokens as regulatory filings signal a broader push into diversified digital-asset products. NYSE Arca Listing Planned as Bitwise Registers 11 New Crypto ETFs Asset management firm Bitwise filed a post-effective amendment with the U.S.

Bitwise Files 11 Single-Token Crypto ETFs With SEC, Signaling Strong Altcoin Demand

The exchange-traded funds will invest both directly and indirectly in the tokens.

Bitwise files for 11 'strategy' ETFs, tracking tokens including AAVE, ZEC, TAO

Bitwise filed applications for 11 new crypto strategy ETFs, which would both directly and indirectly invest in crypto.

Bitwise files for 11 new crypto ETFs tracking Bittensor, Tron and others

The proposal, which transforms UNI into a value-accruing asset, received more than 125 million votes in support with just 742 dissenting.

Uniswap's token burn, protocol fee proposal backed overwhelmingly by voters

The proposal shifts a portion of trading fees from liquidity providers to the protocol, which will be used to burn native token UNI.

Uniswap governance passes major ‘UNIfication' proposal; 100 million token burn imminent

Internet Computer (ICP) was also an underperformer, down 2% from Monday.

CoinDesk 20 Performance Update: Uniswap Drops 3.7% as All Index Constituents Decline

Cronos (CRO) was also a top performer, rising 2.5%.

News for Uniswap Crypto (UNI)