Uniswap X volume crosses $1 bln, thanks to these market makers
Four months after its introduction, the Uniswap X volume hit $1 billion. Activity on the network increased but has now dropped.
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Four months after its introduction, the Uniswap X volume hit $1 billion. Activity on the network increased but has now dropped.
Uniswap X, a platform that is known for its open and decentralized approach to trading, has achieved a remarkable feat, surpassing the $1 billion mark in total trading volume.
Uniswap X, the permissionless and open-source protocol for trading across Automated Market Makers (AMMs) and other liquidity sources, has reached a milestone, with its cumulative trading volume surpassing $1 billion since its launch in July this year. Market makers Wintermute and Tokka Labs have consistently dominated, accounting for 60%-80% of the daily trading volume.
Uniswap (UNI) has been experiencing a noteworthy surge in price since October, exhibiting a breakout from a prolonged descending resistance trend line. While the token has yet to reach a new yearly high, the current market dynamics and positive industry news suggest an optimistic outlook for UNI's future trajectory.
UNI price rallied over 25% and climbed above $6.20. Uniswap is now consolidating gains and any dips might be attractive to the bulls in the near term.
Uniswap (UNI) has dusted off some of its accrued losses and is currently leading an altcoin resurgence at the time of writing. Priced at $6.2 after a 16.33% surge over the past 24 hours, the propensity to hit the $10 mark is high, a move that requires about a 58% surge to attain.
Uniswap has finally broken its silence after a prolonged consolidation period as the price recently surged above crucial resistance lines. UNI witnessed a remarkable 17% rise, surpassing the performance of the crypto market. While the exact reason for this surge remains unknown, analysts point towards a recent proposal from StableLab, a governance service provider.
Uniswap (UNI) is the best performing top cryptocurrency since word of Binance's $4 billion settlement with the US Department of Justice (DOJ) first broke.
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 23, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
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The UNI price has increased significantly since October and is breaking out from a long-term descending resistance trend line.
Uniswap, one of the leading platforms in the DeFi ecosystem, is undergoing significant changes in its governance system. The current proposal aims to address the lack of representation for certain delegates in the Uniswap DAO. The allocation of 10 million UNI tokens directly from the DAO's treasury to these underrepresented delegates is being proposed.
Uniswap governance is working on a proposal to give under-represented DAO delegates more voting power.
The crypto space has recorded a notable comeback after witnessing significant losses over the past two days. The cryptocurrency market has jumped approximately 3% within the past day, indicating a strong bullish influence.
A group of seven Uniswap DAO delegates who vote over 80% of the time — but possess marginal voting power — moved closer to receiving a voting power boost after a Wednesday temperature check vote.
Story Highlights The live price of UniSwap coin is . UNI's price could reach a maximum of $8.69 by the end of 2023. Unicoin price, with a potential surge, may reach a high of $61.89 by the end of 2030. DeFi's have come into existence with the idea of no intermediaries.
Decentralized finance (DeFi) activity on Ethereum is picking up momentum based mainly on how gas fees have been trending in the first three weeks of November, data from Kaiko shows. Even so, despite Uniswap (UNI) spearheading the revival, looking at the gas attributed to its activities over this period, UNI prices remain stagnant below $5.6, with bulls failing to edge higher, breaking to new 2023 highs.
Over 400,000 UNI tokens were recently sold off. UNI has continued to decline and trades below $5.
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Uniswap looks to increase DEX accessibility across chains. Will this development serve to increase UNI's price?
The UNI price has increased considerably since falling to a low of $3.80 in October.
Uniswap wallet first launched on the Apple' App store in April.
Uniswap Labs has released its new Android mobile wallet app, offering users direct swap capabilities and enhanced accessibility in the decentralized finance space.
Uniswap Labs, a leader in decentralized finance (DeFi), has made a significant leap in user accessibility by releasing its much-anticipated Android mobile wallet app. Now available on the Google Play Store, this innovative app integrates swap capabilities directly, streamlining the user experience by removing the need for a separate web browser extension.