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Decentralized exchange

Uniswap

Live data · updated every hour

Uniswap is the largest decentralized exchange by volume.

TVL rank#11CategoryDEXChains45SinceNov 2018
All DeFi protocols
Total value locked$3.97B−0.3% in 24h · +1.9% in 7d
Fees · 24h$3.58M$162M over 30 days
Revenue · 24h$197K$158M annualized
Revenue share8.0%Share of fees kept over 30 days
UNI price$8.85−0.4% in 24h
Market cap$5.53BFully diluted $8.85B
Mcap / TVL1.39Token value per $1 locked
Chains4564.2% on Ethereum

Uniswap TVL

Assets deposited in Uniswap across 45 chains, in US dollars.

Value locked$3.97B4.10% of all DeFi
Change · 1Y−$2.34B−37.1% over the period
Period high$6.96BOct 7, 2025
Period low$2.75BJun 10, 2026
Total value locked Touch the chart for valuesHover the chart for values

Supported chains

Deployed on 45 chains. Ethereum holds 64.2% of deposits.

Fees & revenue

Monthly fees paid by users and the share Uniswap keeps as revenue. The current month is to date.

Fees · 30d$162M$29.24M in the past 7 days
Revenue · 30d$12.96M$1.91M in the past 7 days
Annualized revenue$158MPast 30 days, annualized
Price to sales35.1×Market cap ÷ annualized revenue
FeesRevenue Last 12 months

About Uniswap

What it does, how it earns and what the UNI token is for.

Uniswap is a protocol for exchanging cryptocurrencies without a central party, and it runs on Ethereum. It uses smart contracts to trade digital assets automatically, so no middlemen or central order books are needed. Anyone can swap tokens through automated market makers, which are pools that anyone can supply with liquidity.

The people who supply those pools earn the pool fees. As of 2026, deposits are supported on more than 40 chains, with the most on Ethereum, and part of the trading fees is kept by the protocol as revenue. UNI is the governance token, so Uniswap is governed by its holders, who can vote on key decisions such as treasury usage or future upgrades.

CategoryDEX
LaunchedNov 2018
Chains45
TVL rank#11 of 32
UNI token$8.85−0.4%
Market cap$5.53B
Fully diluted value$8.85B
Circulating supply625M UNI
Max supply1.00B UNI
Mcap / TVL1.39
62.5% of max supply in circulation

Uniswap FAQ

Short answers to what people ask most.

The Uniswap protocol was launched in 2018.

Yes, Uniswap runs on open-source software.

Version 4 adds hooks, which are features that let pools use custom logic.

Uniswap news

Coverage of the protocol, its category and its chain.

All news

Similar protocols

Other DEXs, ranked by value locked.

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