Uniswap price and where to buy UNI

What is Uniswap?

UNI is the governance token of Uniswap, the largest decentralised exchange on Ethereum. Uniswap lets anyone swap tokens from their own wallet against pools of liquidity instead of an order book. UNI holders vote on changes to the protocol.

How to buy Uniswap, step by step

1. Pick an exchange. UNI is listed on every exchange we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy UNI. Use the UNI/USDT or UNI/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. UNI is a token on Ethereum and other networks; choose the network your wallet expects. With a self-custody wallet you can also swap for UNI directly on Uniswap itself, paying the pool fee and the network fee instead of an exchange fee.

Where to buy Uniswap at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on UNI the venues disagree by about 0.109 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Uniswap price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.109 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about 16 minutes out of every thousand, and reached about 2.8 percent at its widest.

About three fifths of the UNI spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Uniswap price

The wider crypto market, and in UNI’s case its own news too. In our hourly composite, UNI moved with Bitcoin at a correlation of about 0.38, where 1 would mean identical moves, and its moves were about four times the size of Bitcoin’s.

UNI’s link to Bitcoin is weak in our data, so its own news matters: governance votes, changes to how protocol fees are handled, token unlocks, and leverage. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Uniswap

Pros

• Governance over the largest decentralised exchange on Ethereum.
• Listed on every exchange we track.
• Can be bought on exchanges or swapped directly on Uniswap.

Cons

• Its hourly moves were about four times Bitcoin’s in our data.
• One of the wider price gaps between exchanges we track.
• It trades far below its all-time high of about $44.9.

Uniswap’s highest price

Uniswap’s all-time high is about $44.9 on volume-weighted data. The chart above shows the last 30 days of our composite, and the UNI to USD converter applies the live price to any amount.