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Uniswap's hopes of a recovery could be likely after retesting the range low of $4.94, however, getting rid of the bears could take some time.

UNI's fees and daily active addresses declined over the last 30 days. Its price also decreased by over 2% in the last 24 hours.

Discover hidden gem cryptos with high potential and explore undervalued cryptocurrencies that are flying under the radar.

Uniswap fee switch vote failed to pass, but not because it was unpopular, as Celestia launches a modular DA interface for the OP Stack — find out more in our weekly DeFi roundup.

Uniswap's founder, Hayden Adams, recently took to Twitter to expose an elaborate scam targeting the Chinese cryptocurrency community.

Uniswap price analysis for today indicates that the bears have taken control. The UNI/USD pair has dropped to its current level of $5.02 after hitting a high of $5.13.

The digital landscape, like the wild west of old, is fraught with danger and deception. In recent times, a scandal of exceptional cunning has surfaced, drawing the attention and surprise of Hayden Adams, the mind behind Uniswap, a popular cryptocurrency trading platform.

Uniswap, a leading decentralized exchange protocol, recently fell prey to a sophisticated impersonation scheme that targeted its Chinese community. Hayden Adams, the creator of Uniswap and CEO of Uniswap Labs, expressed his surprise and concern about the elaborate nature of the scam.

Uniswap price analysis shows a bullish trend is emerging as the crypto asset retraced above the $5.00 level. The market sentiment appears to be shifting as buyers attempt to push the UNI/USD pair higher.

Uniswap and its foundation have no association with the scam as efforts are being made to combat it.

Hayden Adams, the inventor of the Uniswap protocol, recently took to Twitter to express his astonishment at a scam that involved the creation of a fraudulent version of the Uniswap website. In a tweet, Adams stated, “Some next level effort went into this scam.

In a DAO community poll, a split vote scenario was enough to hold back a proposed Uniswap V3 fee switch that had seen popular support.

The recent proposal to introduce protocol fees for the Uniswap decentralized exchange did not pass on June 1, leading to the continued opportunity for liquidity providers (LPs) to earn all revenue from swaps. According to the official webpage of the proposal, the “no fee” camp narrowly won with 45.32% of the votes, while 42.

The Uniswap DAO has voted against a proposal to turn on protocol fees for liquidity providers. The poll saw 45% opposed to turning on proposal fees, while support for two fee plans was divided.

The initial snapshot poll was voted against by the community in a surprising move.

The Uniswap (UNI) decentralized exchange (DEX) has decided not to charge protocol fees to its liquidity providers (LPs), who are the ones who supply crypto assets for trading.

A poll of Uniswap's governance community on June 1 found divided support for a feature that could eventually draw fees from liquidity providers. Poll finds mixed support On May 10, GFX Labs published a proposal titled “Making Protocol Fees Operational,” which suggests collecting fees from liquidity providers for a project treasury.

Community members of decentralized exchange Uniswap voted down a proposal that would have introduced a protocol fee for liquidity providers on the platform.

The proposal would have allowed Uniswap's governing body to receive a percentage of the fees that currently go to liquidity providers.

Riding high on its achievements, Uniswap stated it was the world's largest on-chain protocol, having executed transactions of over $1.5 trillion.

Uniswap's community did not vote to pass a fee switch proposal.

Today's Uniswap price analysis reveals an encouraging upward trend in the cryptocurrency market, highlighting a strong comeback from buyers. The current focus lies on surpassing the next resistance level at $5.06.

Coinbase continues to attract the attention of high-profile value investors, but don't forget about decentralized exchanges such as Uniswap.

As per Crunchbase data, the investment arm of the largest US-based crypto exchange Coinbase, Coinbase Ventures, has so far made 329 investments. Its most recent investment was on May 18, 2023, when PYOR raised $4 million.