UniswapUNI price and how to buy on Ethereum
EthereumThe governance token of Uniswap, Ethereum's largest exchange.
What UNI is
UNI is the governance token of Uniswap, the decentralised exchange that popularised the automated market maker: instead of an order book, traders swap against pools of two tokens that anyone can supply, and the price moves with the balance of each pool. Uniswap launched in 2018, and UNI followed in September 2020, handed out in part as an airdrop to the people who had already used it.
Holders vote on changes to the protocol and on how its treasury is spent. For most of its life UNI did not share in Uniswap's trading fees, and whether and how to switch on a fee for the protocol has been one of the longest-running debates in DeFi; the price has moved sharply on news about it.
Its price moves with Uniswap's trading volume, the health of DeFi and regulatory news about decentralised exchanges.
More to buy on Ethereum
Prices as of October 23, 2026.