• One billion UNI tokens will be released to the public over the next four years.
  • Uniswap presently has $757 million locked up in its protocol.

Uniswap, the decentralized trading platform and a premier DeFi project, has launched its governance token – UNI. One billion coins will be released to the public over the next four years. The token allocation will look like this:

  • Uniswap community: 60%.
  • Team members: 21.51%
  • Advisors: 0.69%
  • Investors: 17.8%

The company announced about the token:

UNI officially enshrines Uniswap as publicly-owned and self-sustainable infrastructure while continuing to carefully protect its indestructible and autonomous qualities.

Uniswap vs. SushiSwap

This move is a direct response to SushiSwap sucking away over $800 million of Uniswap’s liquidity. The two are currently battling to reign supreme in the automated market makers (AMMs) space. SushiSwap, as previously reported, is trying to recover after a long period of internal politics and drama.

Uniswap liquidity mining

Uniswap will launch a liquidity mining program on September 18 that’ll target its USDT, USDC, DAI and wBTC pools. The firm also made it clear that the team members will not participate in governance in the near future. They can, however, delegate votes to protocol delegates. All UNI holders will have ownership of the governance process.

Binance lists UNI

Binance immediately listed UNI and has opened trading for UNI/BTC, UNI/BNB, UNI/BUSD and UNI/USDT trading pairs. Since the Exchange recently came under fire for listing the SUSHI tokens, they released the following cautionary message:

UNI is a new token that poses higher than normal risk, and as such, will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, that you have done your own research in regards to UNI’s fundamentals and fully understand the project before opting to trade.

Uniswap TVL

DeFi Pulse allows us to check the total value locked (TVL) up in Uniswap’s protocol.


As of now, it has $757 million locked in. Before SushiSwap, the TVL was around $1.82 billion TVL. 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

Ethereum Classic price lags behind Bitcoin and XRP despite upcoming rally

Ethereum Classic price action for the Thursday trade session has been the definition of a whipsaw. The daily candlestick open has dropped as much as 9.5% and spiked higher by as much as 10.5% - big swings in all directions.

More Ethereum Classic news

VeChain price nears a 120% bullish breakout

VeChain price has made significant gains during the Thursday trade session, capitalizing on Ethereum’s bullish move to new all-time highs. VeChain itself has traded higher than 10% on the day, outperforming the majority of its peers. VeChain is likely to convert to bull-market conditions ahead of most altcoins.

More VeChain news

Polkadot price sees bullish breakout, but risks fading

Polkadot (DOT) has made another attempt to break out of the bullish triangle. This is the fourth time already in just one month that price has tried to break to the upside, making it primed to likely succeed at the next attempt.

More Polkadot News

Litecoin bears want to take over, but LTC price still eyes $400

Litecoin price attempts to outperform Bitcoin and Ethereum. A rally of over 100% is likely if Litecoin can crack above some key resistance levels ahead. Litecoin is on target to make its own, new all-time highs if conditions are favorable.

More Litecoin News


Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast