Despite full unlocking, only 25.83% of UNI tokens are actively circulating in the market.
UNI is trading at $6.47 by 1.945 increase, with a market cap of $3 billion.
The native token of Uniswap’s UNI was issued and listed in September 2020. The team, investors, advisors, and community treasury received a total of 83% of the allocation, amounting to 8.3 billion tokens. These tokens are subject to a four-year unlocking period.
UNI was fully unlocked four years ago, but the actual circulation tells a different story. Initially, 83% of the 1 billion tokens, totaling 830 million, were allocated to the team, investors, advisors, and the community treasury, with a four-year unlocking cycle. Despite this, only 25.83% of the total UNI, or approximately 258.3 million tokens, is currently in circulation.
At launch, 17% of the token was distributed through LP mining and airdrops, which have all been circulated. Therefore, the focus shifts to the community treasury and the investors. furthermore, the community treasury was allocated 430 million UNI, all of which have been unlocked. Currently, the treasury holds 399,789,850 UNI, meaning only 30,210,150 has entered the market over the past four years.
In addition, among the 400 million UNI allocated to the community treasury, 58,164,177 have flowed into the market. Notably, top addresses, which received significant allocations, have sold very little, contributing to the low sales ratio.
The General Market Analysis of UNI
According to CoinMarketCap, Uniswap (UNI) is priced at $6.47, having a 1.94% increase in the past 24 hours. TradingView data shows an RSI of 52.43, with the RSI-based moving average at 52.99, indicating a neutral zone. The 9-day moving average is currently above the 21-day moving average. The token’s trading volume is $83 million, representing a 24.94% change, with a market cap of $3 billion.
While UNI is fully unlocked, with a 100% circulation rate, the actual market circulation remains around 258.3 million tokens (25.83% of the total), as most unlocked tokens from the community treasury remain unsold.
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