Category: UNI

Uniswap Governance Vote Raises Centralization Questions

DeFi protocol Uniswap is currently undergoing its first governance vote but members of the crypto community have noticed that the whales are largely in control of it. The initial proposal was made by DeFi lending and trading platform Dharma which is one of the largest UNI token holders. In order to make governance more accessible, […]

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UniSwap Technical Analysis: UNI Hunts For A Bottom As $2.5 Beckons

UniSwap bleeds profusely after rejection from $3.6. Initial support is embraced at $3, but UNI/USD looks primed for losses eying $2.5. UNI, the official token of the decentralized finance (DeFi) platform UniSwap, has lost over 13% of its value in the last 24 hours. The downswing came into the picture following a barrier encountered at […]

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YFI, LEND, CRV, UNI Prices Plunge, is it The Death of DeFi?

Tokens related to decentralized finance are getting battered again today with many of the top performing ones in recent months losing double digits over the past week. Analysts are starting to call DeFi a bubble. The total value locked across the DeFi sector is in decline as the flocks of farmers withdraw their collateral. The […]

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Uniswap Grows By Nearly 470% In Less Than A Month

DeFi has been the talk of the town and riding along is Uniswap Protocol, which has shown immense growth in recent weeks. The decentralized on-chain protocol on Ethereum continued to lead the pack in terms of the total value locked in, hitting a fresh all-time high of $2.38 billion yet again on the 6th of […]

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Almost $50 Million UNI Goes Into Governance But Price Tanks to $3

Uniswap’s native token, UNI, is flowing into the protocol’s governance mechanism but its prices are still tanking despite an increase in collateral. According to recent metrics from Dune Analytics, around $47.5 million in UNI tokens have been delegated to protocol governance. The dashboard also revealed that there are over 2,000 delegates and over 87,000 UNI […]

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Ethereum: MetaMask hits 1 million users, Uniswap price tanks to $3

Ethereum: MetaMask hits 1 million users, Uniswap price tanks to $3

Ethereum wallet MetaMask records a 400% growth compared to 2019 and has hit 1 million users. Uniswap’s token UNI has registered a strong correction during last week despite strong fundamentals. The growth on Ethereum’s DeFi is evident in more than just its Total Value Locked (TVL). While this figure has reached an important milestone and […]

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Will Sushiswap’s Declining Figures Affect Its Shelf Life ?

Sushiswap was nothing less than an overnight success story that mostly rode on the fame of VC-funded Uniswap. Despite its promising yet contentious debut, trouble seems to be brewing for the DeFi trading protocol. It’s native token SUSHI, has lost approximately 90% of its value since its all-time high of $9.48 to its press time […]

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Crypto Exchange Bitfinex Announces Margin Trading Facility for Uniswap (UNI)

Ethereum-based decentralized platform Uniswap has created a huge uproar in the DeFi market ever since announcing its governance token UNI. On Wednesday, September 30, popular crypto exchange announced margin trading support for Uniswap (UNI) with two Uniswap pairs UNI/USD and UNI/USDt. Margin trading for $UNI pairs is now available on Bitfinex!@UniswapProtocol pairs (UNI/USD), (UNI/USDt) can […]

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