Uniswap (UNI) is a core feature of the Decentralized Finance (DeFi) ecosystem. Uniswap is a decentralized exchange (DEX) that solves the risks many centralized exchanges have such as high fees, unorganized management, high risk of hacking, and more. However, DEX also has big liquidity problems, something that Uniswap addresses. By allowing clients to swap tokens without needing buyers or sellers to create liquidity, Uniswap creates a community that can trade tokens without any middlemen involved. Uniswap is an Ethereum-based decentralized exchange that only features ERC20 tokens.
The UNI price on YouHodler is aggregated from several different cryptocurrency exchanges in an attempt to provide the most accurate price possible. YouHodler combines UNI price rates from Binance, Kraken, Huobi, OKEx, and others.
To monitor UNI prices efficiently, we recommend downloading our app for iOS and Android compatible smartphones. This allows you to follow the latest UNI price anytime, anywhere. Forever.
The UNI price constantly changes, however, our interest rates are stable as ever. Since 2020, our UNI savings account has featured 7% APR + compounding interest. If that’s not stable, then I don’t know what is.
There are many useful scenarios for a crypto-backed loan. Use it to hedge your portfolio in the event of a UNI price drop or simply use the growing value of your UNI price as collateral for instant cash. Either way, don’t sell your Uniswap. HODL strong.
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