
These guides mention this coin directly and help you understand it in context.
Uniswap is the governance token of the Uniswap protocol, one of the most recognized automated market maker (AMM) exchanges on Ethereum — a type of decentralized exchange that uses liquidity pools instead of traditional order books to facilitate trades. UNI gives holders a direct role in protocol governance, including votes on future upgrades and how treasury resources are allocated. That makes the token less about paying fees and more about wielding influence over how one of crypto's flagship trading protocols evolves. Because UNI is tied to governance, its market value tracks closely with how relevant Uniswap remains within decentralized trading. Broader DeFi activity, competitive pressure from rival exchanges, and the level of community participation in governance proposals all shape how the market prices the token. With a market cap above $2.2 billion and daily trading volume around $174.6 million, UNI stands as one of the larger and more actively traded governance assets in the sector — a key detail in any Uniswap analysis March 2025 snapshot. For buyers, the core proposition is straightforward: UNI represents voting power, not ownership of a company or a guaranteed claim on revenue. Its appeal lies in granting a say over protocol decisions on a major Ethereum-based exchange. The trade-off? Governance tokens can be harder to value than coins with more direct utility, particularly when voter turnout dips or the real-world impact of governance decisions becomes murky.
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UNI is the token that powers voting on the Uniswap protocol, one of Ethereum's largest decentralized exchanges. Holding UNI lets you help shape upgrades and treasury decisions — but the token's value depends heavily on governance relevance and broader market demand.
Smart contract risk scan — checks for honeypots, hidden taxes and more.
Clear bullish / neutral / bearish signal based on market data, on-chain security and macro signals.
Analysis from November 12, 2026
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Rating
Confidence
UNI trades at $6.02 after declining 8.35% in 24 hours, 12.38% in seven days, and 20.97% in 30 days. The Fear & Greed Index is 28, labeled Fear, and is unchanged from seven days ago, showing persistent caution across the crypto market. Rising interest rates, inflation, and the US dollar create an unfavorable environment for risk-sensitive assets such as DeFi tokens. Uniswap still has $3.3 billion in total value locked and an 85/100 contract trust score, while its latest Elysium deployment extends the protocol to another network. However, weak recent developer activity and a 52.12% concentration among the ten largest addresses add coin-specific concerns. For investors assessing the coming weeks to months, the constructive protocol metrics currently do not outweigh the strained market environment and concentration risks.
The only current headline reports that Uniswap v2, v3, and v4 have launched on Elysium, with HYPE as the sole gas token used to pay network transaction fees. This expands Uniswap's availability and gives users on that network access to several generations of its exchange software. News sentiment is neutral, with a score of 0, so the launch has not created a clearly positive news backdrop. A single neutral headline also does not explain the scale of UNI's recent decline, which coincides more closely with wider market fear and restrictive economic conditions.
UNI is priced at $6.02, down 8.35% over 24 hours, 12.38% over seven days, and 20.97% over 30 days, showing that weakness has persisted beyond a single session. The decline has occurred while the Fear & Greed Index remains in Fear and while rates, inflation, and the US dollar are all rising. Reported trading volume is $530.9 million, which shows active trading but does not reveal how many participants are behind that activity. The neutral Elysium news has not coincided with a reversal, leaving broader risk aversion as the clearest context for the recent movement.
The Fear & Greed Index stands at 28, labeled Fear, and is unchanged from seven days ago despite fluctuating between 25 and 32 during the week; this reflects persistent caution rather than a clear recovery in sentiment. The Federal Funds Rate has risen from 3.75% to 3.88%, while annual inflation has increased from 4.02% to 4.08%, keeping financial conditions restrictive. The Dollar Index has also risen from 121.51 to 121.88, adding another difficult element for risk-sensitive markets. The tracked top stablecoins total $255.2 billion, down 1.5% over seven days and 4.8% over 30 days; this is a defined liquidity snapshot and does not by itself establish a price direction for UNI. The current news flow concerns a network launch rather than regulation, so no new UNI-specific regulatory development is identified.
The picture is predominantly strained because market sentiment is fearful, UNI has declined across several timeframes, and recent developer activity is weak. The security score, substantial locked capital, and Elysium expansion are meaningful positives but do not currently offset the main risks.
UNI has fallen 8.35% in 24 hours, 12.38% in seven days, and 20.97% in 30 days while the wider market remains in Fear. Rising rates, inflation, and the US dollar provide a difficult backdrop, while the neutral Elysium launch has not coincided with a change in the trend.
The main strengths are an 85/100 contract trust score, $3.3 billion in total value locked, and continued expansion across networks. The main risks are persistent market fear, concentration of 52.12% among the ten largest addresses, weak recent GitHub activity, and limited visibility into future token supply timing.
Market sentiment as a contrarian reality check for this analysis.
Historically extreme bearish sentiment
The market is deeply nervous. Looking back, these phases for BTC often coincided with local bottoms as long as fundamentals held up.
Historical BTC performance
When the index sat between 20 and 39, BTC historically moved an average of +8.0% after 30 days and +22.0% after 90 days.
Current
20
out of 100
Extreme Fear
UNI is changing hands at $6.45 after slipping 8.36% in the past 24 hours, 7.33% over the last week, and 14.53% across the month. The most telling signal in this coin analysis is sentiment: the Fear & Greed Index has dropped to 29 (Fear), down 21 points in just seven days, reflecting a sharp swing toward caution across the crypto market. Rising interest rates, stickier inflation, and a stronger US dollar are compounding the pressure on risk assets like UNI. Uniswap still has several things going for it — an 85 security score, $3.36 billion in total value locked, and continued growth through Elysium and tokenized real estate — but development activity has slowed and the top ten addresses hold 52.10% of all tokens. Taken together, this coin forecast leans bearish: weak sentiment and macro headwinds currently outweigh Uniswap's longer-term strengths.
UNI trades at $6.98 after falling 8.81% in 24 hours and 18.55% over 30 days, despite a 6.82% weekly rebound. The most striking backdrop is the Fear & Greed Index at 28 (Fear), down 2 points over seven days, while interest rates and inflation are rising. Uniswap nevertheless has $3.5 billion in total value locked and a smart-contract trust score of 85, supported by open-source code and the absence of several dangerous contract controls. Against these positives, the largest 10 addresses contain 51.8% of UNI, and GitHub recorded only 2 commits over four weeks. For investors, the medium-term picture is predominantly strained because weak sentiment, difficult economic conditions, token concentration, and subdued recent development outweigh the constructive protocol and security indicators.
Uniswap (UNI) is changing hands at 7.79 USD, up 8.3% over the past 24 hours and 5.5% for the week — though it's still nursing a 16.7% loss over the past 30 days. Market mood remains on edge: the Fear & Greed Index sits at 34 (Fear), down sharply from 51 just a week ago, and that souring sentiment undercuts much of the recent price bounce. The protocol fundamentals tell a steadier story, with $3.7 billion in total value locked, ongoing product development, and headlines pointing to broader adoption of decentralized exchanges. Smart-contract checks give UNI a trust score of 85, with no honeypot, minting, or hidden-owner flags detected — though the top 10 addresses still hold 51.8% of the token supply. Taken together, this investment research (MiFID II Del. Reg 2017/565 Art. 36) paints a balanced picture: solid infrastructure and a clean security profile sit opposite a fearful market, rising rates and inflation, concentrated ownership, and thin recent GitHub activity.
Uniswap's UNI token is changing hands at $6.40 after a rough stretch: down 11.58% in the last 24 hours, 7.16% over seven days, and 27.75% across the past month. The Fear & Greed Index, a broad gauge of crypto market mood, sits at 51 (Neutral) — up just one point over the week — meaning overall sentiment isn't strong enough to offset UNI's price weakness. On the product side, Uniswap keeps building: Token Jar, verified token auctions, tokenized-stock liquidity pools, and v4 routing that links up with other decentralized exchanges all point to continued expansion. Yet only two GitHub commits were logged in the past four weeks, and the ten largest token addresses hold 51.88% of the total supply. The protocol's security trust score stands at a strong 85, and total value locked (TVL) comes in at $3.8 billion — a sign of real scale, though not necessarily proof that usage is actually growing. Put together, this is a classic mixed bag: solid product and security fundamentals weighed down by concentrated ownership, thin recent development activity, soft price momentum, and a tough macro backdrop.
Uniswap (UNI) is changing hands at $6.98 after a rough stretch: down 8.23% in 24 hours, 7.52% over the past week, and 24.10% over the past month. That's persistent weakness by any measure. Meanwhile, the broader crypto market is feeling upbeat — the Fear & Greed Index sits at 68 (Greed), up from 63 a week ago — but UNI hasn't been invited to that party. On the fundamental side, there's real substance: product expansion, record reported monthly revenue, a strong security score of 85, and $4.2 billion in total value locked (TVL). Against that, only one code update landed in the past four weeks, token ownership remains concentrated among a handful of wallets, and both interest rates and inflation are climbing. Taken together, this is a relevant, still-growing DeFi protocol wrapped in weak price momentum and a handful of execution, supply, and macroeconomic risks worth watching.
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$5.76
24h
-4.03%
7d
-17.27%
30d
-20.73%
60.8% of the max supply is circulating