Uniswap's 38% Advance Leads CoinDesk 20 Gainers Over the Past Week: CoinDesk Indices Chart Pack
Just four cryptos in the index outperformed Bitcoin's 5.2% gain.
Keep up with what's happening in the crypto world in real-time.
Just four cryptos in the index outperformed Bitcoin's 5.2% gain.
Uniswap Labs has unveiled a collection of new features designed to refine the trading journey for users of its decentralized exchange (dex). This collection encompasses the Uniswap browser extension, limit orders for precise trading strategies, and advanced data and insights for making well-informed choices.
Uniswap has announced three new tools intended to offer smarter crypto swaps for users. The tools include the Uniswap Extension, Limit Orders and Data & Insights, the decentralized exchange (DEX) platform outlined in an announcement on Tuesday.
The Uniswap team has developed three inventive mechanisms that facilitate faster processing of transactions. These extensions include a browser sidebar wallet extension, an order engine, and a page with detailed data and insight.
"No more pop-ups. No more transaction windows," developers wrote.
Some features are live, while users wishing to try the new browser extension must join a waitlist to gain access to it in four to six weeks.
This tool pioneers a major shift in digital wallet interaction by being the first to integrate directly into your browser's sidebar. This marks a shift from traditional pop-ups, making transactions more intuitive and less intrusive.
Uniswap Labs has announced three additional new products designed to make swapping on the decentralized exchange more simple.
The Uniswap Foundation has proposed a proposal to enhance the governance structure of the Uniswap Protocol, sparking significant interest within the community. The proposal, introduced by Erin Koen, Uniswap Foundation's governance lead, seeks to incentivize active delegation to bolster the resilience and decentralization of the foundation.
Frax Finance is considering a pivotal shift in its revenue-sharing strategy. The project disclosed the potential for stakers of its native token, FXS, to enjoy a share of protocol fees.
In the last week, 23 cryptocurrencies experienced notable gains against the U.S. dollar, with flare (FLR) and uniswap (UNI) leading the charge. Concurrently, dymension (DYM) and helium (HNT) saw significant declines over the same period.
A wallet that received 5.44 million uniswap {{UNI}} tokens in 2020 sold 90,000 UNI worth $1.03 million during Friday's price surge to $12.80.
The dormant circulation surge suggested that holders were active in booking profits.
Uniswap has outpaced Bitcoin in fees paid by crypto traders for over a week, with the DEX surpassing Bitcoin on Feb. 14 According to data from Cryptofees, Uniswap raked in around $1.9 million in fees on Feb. 25, surpassing Bitcoin's $1.2 million on the same day.
The momentum of revenue sharing in the Uniswap ecosystem.
A crypto wallet associated with the team behind top decentralized exchange (DEX) Uniswap sold off some of its UNI holdings during the latest price rise, according to on-chain data. First reported by blockchain tracking firm Lookonchain, an address linked to Uniswap sold just over $1.03 million worth of UNI at $11.48.
UNI reached its highest value in two years, with its monthly gains almost hitting 80%. However, the rapid climb was followed by a slight 1.19% drop in the next day.
Uniswap governance shakeup proposals catalyze transient UNI price euphoria on promises of revenue-sharing upgrades
The governance token of the leading decentralized exchange Uniswap, UNI, has skyrocketed over 50% in the past 24 hours, reaching a two-year high of $12.73.
With the increase in the volatility in the market, the DeFi tokens have experienced a significant uptrend in their respective portfolios. Further, top Decentralized Financial tokens have added over 50% this month, indicating a positive sentiment for this category in the crypto space.
Bitcoin price begins a slow recovery, boosting the bullish momentum in ETH, UNI, FIL and GRT.
Ethereum has risen to a new yearly high, touching $3,070 earlier today while Uniswap gained 40% in just one day.
The current scenario has raised questions over claims of decentralized on-chain governance.
The crypto ecosystem had an eclectic week seeing Bitcoin (BTC) soaring to a high of $52,945 on heightened sentiments surrounding spot Exchange Traded Fund (ETF) products. With the heightened activities surrounding Bitcoin's price action, many altcoins joined the trend, soaring to new heights when interwoven with their own personal ecosystem fundamentals.