Uniswap (UNI)**, a popular decentralized trading protocol known for its role in facilitating automated trading of decentralized finance (DeFi) tokens. Here's some information about UNI:
- **Current Price**: Approximately $16.80 per token
- **Market Cap**: Around $10.08 billion
- **24-hour Trading Volume**: Approximately $562.57 million
- **Total Supply**: 1 billion tokens
- **Circulating Supply**: 600.48 million tokens
Uniswap is an example of an automated market maker (AMM) and was launched in November 2018. It has gained considerable popularity thanks to the DeFi phenomenon and associated surge in token trading. The UNI token enables community ownership and active stewardship of the protocol through governance.
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