UniSwap fights back as competitors drain value from the DEX

UniSwap fights back as competitors drain value from the DEX

Even as incentives continue to dry up on UniSwap, TVL across the board seems to have remained steady. Just a few months ago, the global finance sector witnessed the meteoric rise of yield farming, which in large part helped to spur the growth of the decentralized finance domain. During Q3 2020 alone, the DeFi market ushered in significant growth for many stablecoins compatible with Ethereum (ETH), such as MakerDAO’s Dai.According to information released by crypto market data aggregator Messari, the overall supply of the Dai stablecoin increased by a mammoth 623% during Q3, propelling the....


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Can Uniswap v3 prevent forks? Top lawyer breakdowns its license

After the release of Uniswap v2 in May 2020, several competitors for the DEX emerged, forking its codebase, launching new incentives, and their own governance model to attract users. Sushiswap is perhaps the most important. To prevent something similar, the third iteration of the automated market maker will be released with a Business Source License […]

DEX goals diverge as SushiSwap (SUSHI) and Uniswap (UNI) rally to new highs

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Biggest Movers: UNI Rebounds From Recent Losses on Monday

Uniswap was back in the green on Monday, as the token rebounded from two days of consecutive declines. The move saw prices climb towards a resistance level of $6.70, which has been in place since late August. Maker was also in the green, climbing by nearly 5% in today’s session. Uniswap (UNI) Uniswap (UNI) was a notable mover on Monday, as the token rebounded following a string of back-to-back declines. Following a bottom of $6.21 on Sunday, UNI/USD surged to an intraday peak of $6.53 earlier in today’s session. The move saw uniswap move close to a key resistance point of....

UniSwap V3 Goes Live on Ethereum Mainnet: Is UNI Due for a Surge? 

After months of waiting, decentralized finance protocol Uniswap announced that its V3 mainnet launch was live.  Originally unveiled back in March, Uniswap’s third iteration aims to provide a more capital-efficient on-chain exchange through its latest feature of concentrated liquidity.  Concentrated Liquidity  In Uniswap V2, liquidity providers (LPs) were limited in that they had to adjust […]