Uniswap (UNI)
Uniswap, considered the pioneer of decentralized exchanges (DEX), holds a special place in the crypto industry. UNI, the governance token of the Uniswap DAO, was distributed to users in September 2020. Currently valued at $10.67, UNI has surged 45% over the past 30 days.
With a market capitalization of $8 billion, Uniswap is only 25% away from the $10 billion mark. Despite dominating the DEX sector, Uniswap developers continue to innovate. Recently, Uniswap surpassed PancakeSwap in terms of daily active users by expanding its services to other low-fee chains such as Binance Smart Chain (BSC) and Base L2.
