The Uniswap crypto exchange is immensely popular among traders, with its trading volume often rivaling that of major centralized exchanges. For this reason, it’s not too surprising that the UNI crypto token has established itself as one of the most valuable tokens in the DeFi sector. However, if we check out the UNI price chart, we can see that the price of UNI has seen big fluctuations since the token was launched in September 2020. Let’s take a quick look at some of the key UNI price milestones:
The Uniswap market cap reached as high as $22 billion in May of 2021. In the same month, the protocol’s TVL (total value locked) surpassed $10 billion for the first time.