
As of January 2026, Uniswap's market capitalization stands at $3.47 billion, reflecting its position as a significant player in the decentralized finance sector. This valuation is calculated by multiplying the UNI token price of $5.47 by the circulating supply of approximately 635 million tokens. The market cap demonstrates sustained investor interest in the protocol despite recent market pressures affecting broader cryptocurrency assets.
The trading volume associated with UNI tokens reveals healthy market activity, with 24-hour trading volumes reaching approximately $141.41 million. This trading activity indicates consistent engagement from market participants actively buying and selling the token across multiple exchanges. Such volume levels provide liquidity necessary for efficient price discovery and execution of trades without significant slippage.
Uniswap's current market cap of $3.47 billion represents its valuation relative to the broader cryptocurrency ecosystem, where it maintains approximately 0.11% of total market dominance. The token's price at $5.47 reflects market sentiment toward the automated market maker protocol, which pioneered the AMM model enabling permissionless token swaps and liquidity provision. Recent price movements, including a modest -0.78% decline over the past 24 hours, mirror broader market volatility affecting DeFi-focused tokens while maintaining price stability around established support levels.
Uniswap's tokenomics framework establishes a fixed total supply of 1 billion UNI tokens, with approximately 630-635 million tokens currently in circulation as of 2026. This supply structure creates a predictable foundation for market participants analyzing UNI token valuations. The consistent total supply of 1 billion tokens represents the maximum threshold that will ever exist on the Ethereum blockchain, establishing a clear cap that influences scarcity dynamics and long-term price expectations.
The relationship between circulating and total supply plays a crucial role in calculating UNI's market capitalization. With roughly 63-64% of the total supply in active circulation, the remaining tokens represent future distribution through community incentives and ecosystem development initiatives. This measured release approach, implemented across a four-year initial distribution period followed by modest 2% annual inflation, maintains supply discipline while supporting network growth. The unchanging total supply ceiling ensures that token holder dilution occurs at a known, finite rate, contrasting sharply with protocols featuring unlimited inflationary models. This supply consistency has become increasingly valuable in 2026's competitive DeFi landscape, where investors seek assets with transparent, predictable monetary policies that directly influence trading volume patterns and market cap trajectories.
UNI's 24-hour trading volume in 2026 demonstrates substantial market engagement, with measurements ranging between $289.7 million and $495 million depending on the timeframe analyzed. This significant daily trading activity reflects active participation from both retail and institutional investors navigating the decentralized finance ecosystem. The 7-day performance data reveals a -7.58% price decline over the weekly period, indicating market correction phases within broader volatility patterns. Despite short-term pullbacks, the underlying trading volume metrics suggest persistent market interest in Uniswap's token offerings.
The correlation between daily volume and weekly performance underscores liquidity strength across gate's platform and other trading venues. Uniswap's recent 7-day DEX volume reached $26.463 billion, while monthly trading surged to $116.6 billion in October 2025, positioning the protocol near the $1 trillion annualized threshold. This elevated activity indicates robust order book depth and narrow bid-ask spreads, hallmarks of efficient market microstructure. The 24-hour trading volume trends reflect institutional adoption alongside retail participation, with volume spikes frequently coinciding with technical level tests and protocol developments. Strong liquidity conditions enable traders to execute larger positions with minimal slippage, reinforcing UNI's market prominence within decentralized finance infrastructure.
UNI is Uniswap's native governance token enabling community voting and protocol decisions. It drives ecosystem incentives and represents ownership in the decentralized exchange protocol's future direction.
UNI token has experienced significant volatility. Historical high reached 0.03712 USD, low at 0.00006919 USD. As of January 12, 2026, 24-hour trading volume is 278.46 USD, reflecting continued market dynamics.
UNI market cap and trading volume are primarily driven by protocol development progress, market demand, competitive landscape, regulatory changes, and investor sentiment. Governance improvements and ecosystem expansion also significantly influence trading activity.
UNI is expected to perform strongly in 2026 driven by DeFi adoption and Uniswap's leading DEX position. Market predictions suggest UNI could trade around $8.24, with sustained growth potential as decentralized finance becomes mainstream.
UNI excels in security, user control, and no KYC requirements. Disadvantages include potential governance complexity and lower liquidity compared to some centralized platforms. Its strong community and Uniswap protocol integration provide competitive edge in DeFi ecosystem.
Uniswap's v4 strategy implementation and ecosystem expansion will drive UNI value growth. Enhanced liquidity solutions, increased protocol adoption, and improved governance participation are expected to strengthen UNI's market position and utility significantly.











