UniswapUNI

The governance token of Uniswap, the largest decentralized exchange by fees; protocol fees now fund UNI burns.

Rank #24Since September 2020

Price on 31 Oct 2026

C$9.81 +60.7% since 31 Jul 2026 · 82.2% below its all-time high

The short version

Uniswap is the largest decentralized exchange by fees, built by Uniswap Labs, a US company founded by Hayden Adams in 2018, and governed by UNI holders. Since a Dec 2025 governance vote known as 'UNIfication', protocol fees are used to burn UNI. Its core contracts have no recorded exploit, and insider vesting ended in 2024. On 31 Oct 2026 one UNI cost C$9.81. From 31 Jul 2026 to 31 Oct 2026 its price changed +60.7% in Canadian dollars, and it was 82.2% below its all-time high of C$55.24 set on 2 May 2021.^[1]

Checked 31 Oct 2026 · 12 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$14.40 (23 Sep 2026) · low C$3.35 (11 Jun 2026) · +21.6%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$9.76	US$6.99
30 Sep 2026	C$12.65	US$8.89
31 Aug 2026	C$7.12	US$5.13
31 Jul 2026	C$6.21	US$4.43
30 Jun 2026	C$4.10	US$2.89
31 May 2026	C$4.21	US$3.05
30 Apr 2026	C$4.33	US$3.19
31 Mar 2026	C$4.83	US$3.47
28 Feb 2026	C$5.42	US$3.97
31 Jan 2026	C$5.76	US$4.27
31 Dec 2025	C$8.11	US$5.92
30 Nov 2025	C$8.50	US$6.06

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$9.81^[1]
3-month change: +60.7% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 82.2% below its high of C$55.24 (2 May 2021)^[1]
Market rank: #24, market value about C$6.1B^[1]
Kind: Token · Ethereum (ERC-20); also on other chains
Started: September 2020

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNo admin key; only a governance vote can mint, up to 2% a year^{[2, 3]}

Can anyone freeze or take coins from holders?NoNo blacklist, pause or balance-change function in the contract^[3]

Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy^[3]

Is the supply capped?NoNo hard cap: governance may add up to 2% a year; none added yet^{[2, 3]}

Any scheduled unlocks in the next 12 months?NoInsider vesting ended in 2024; nothing scheduled^[2]

Does a team or foundation hold over 10% of supply?YesThe governance treasury holds about 262M UNI, 26% of supply^[3]

Do network fees reach coin holders?YesProtocol fees fund UNI burns since the Dec 2025 vote; US$61.9M in a year^[4]

Main network hacked or halted in the past 2 years?NoNo exploit of the token or core contracts in DefiLlama's records^[5]

Is a regulator or court case targeting the coin itself?NoNo live regulator case found; the SEC closed its Uniswap Labs probe in Feb 2025^[6]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Uniswap Labs (US, founded 2018 by Hayden Adams), the Uniswap Foundation (2022) and UNI governance^[6]
Treasury: The governance treasury contract holds about 262M UNI, 26% of the 1 billion created^[3]
Backers: a16z, Paradigm and Union Square Ventures; US$165M raised in 2022^[6]

Supply

In circulation: 624.13M UNI of a 1.00B maximum (62.4%)^[1]
Fully diluted value: 1.42 times its current market value^[1]
Allocation: 1 billion at genesis: community 60%, team 21.27%, investors 18.04%, advisors 0.69%^[2]
Burned: The burn address holds about 113.6M UNI, 11.4% of supply^{[3, 7]}
New supply: Governance may mint up to 2% a year since Sep 2024; none minted so far^{[2, 3]}

Use and fees

Fees: US$932M over the past year; US$61.9M used to burn UNI^[4]
Fee trend: 30-day fees US$90.9M, down from US$204.4M in the prior 30 days^[4]
Security: Uniswap v4 had nine audits and a US$15.5M bug bounty^[8]

Trading

Daily trading: About C$779.9M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 12.14% of its market value changes hands each day^[1]
20-week average: 31.1% above its 20-week average price^[1]
1-year change: +21.8% in C$^[1]^[9]

History

Not a forecast

Coins ranked 11-50 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 1,080 cases, 157 coins

46% were higher a year later^[10]

Typical result: Median -6% after a year; 61% higher after two years
Lost half or more: 25% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

Uniswap opened its TJAR fee tool to outside apps on 30 Oct 2026.^[11]
On 31 Oct 2026 Uniswap Labs opposed Illinois draft rules, effective 1 Jul 2027, that could treat DEXs as tax-collecting brokers.^[12]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.