UNI Enjoying A Breakout Year; Uniswap Protocol Shares 2021 Roadmap

2021-1-3 18:57

2020 was an exciting year for the entire cryptocurrency market as we set the stage for a bullish 2021.

The decentralized finance (DeFi) market also had a wild year as the total value locked (TVL) in the sector grew 20 fold to surpass $14 billion.

In the DeFi space, DEX Uniswap Protocol made waves by becoming the first project to exceed $3 billion in TVL. For now, it has fallen to $1.7 billion.

UNI token is also enjoying an uptrend, trading at $5 following a 43% rally over the past week. Currently, UNI is the 22nd largest cryptocurrency with a market cap of $1.34 billion.

Following the “breakout year,” Uniswap is now working on V3 to improve automated market-making (AMM). In its 2021 roadmap, the team shared that they will be exploring scaling solutions for faster and cheaper transactions, with an emphasis on governance.

“V3’s design is driven by a desire to drastically improve the AMM experience for both swappers and LPs, increasing capital efficiency and flexibility while introducing superior execution,” noted the team.

The team also shared a review of 2020, a year in which the Uniswap V2 was launched bringing in support for arbitrary ERC20/ERC20 pairs and flash swaps that has generated $4.8 bln in volume since then, producing $14.4 mln in LP fees.

In the entire last year, the decentralized exchange recorded $58 bln in volume, up 15,000% from 2019’s $390 mln. Uniswap even passed Coinbase on weekly volume albeit briefly.

Over 68,000 unique addresses are currently providing $2bn in liquidity across 27,000 unique trading pairs on the platform.

Just last month, the Uniswap team launched Sybil that uses third-party authentication platforms to make delegating of governance UNI tokens easy.

Uniswap/USD UNIUSD 5.0572 $0.36 7.02% Volume 1.96 b Change $0.36 Open$5.0572 Circulating 269 m Market Cap 1.36 b baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=UNI&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~UNI~USD"); The post UNI Enjoying A Breakout Year; Uniswap Protocol Shares 2021 Roadmap first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

New Year Bull (NYB) на Currencies.ru

$ 0.0703336 (+0.01%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -0.09 %
Cегодня L: $0.0703336 - H: $0.0703336
Капитализация $0 Rank 99999
Цена в час новости $ 0.0272132 (158.45%)

year market 2021 value locked total defi

Источник: bitcoinexchangeguide.com

year market → Результатов: 126


Why Is Ripple’s XRP Currently Having A Hard Time Getting Out Of $0.3?

Because 2019 has been a good year for the crypto market, many people agree that last year’s crypto winter which extended into the year is now over. Even though there are some who still think it isn’t exactly over yet, the general consensus is that the market is in a much better place right now […] The post Why Is Ripple’s XRP Currently Having A Hard Time Getting Out Of $0.3? appeared first on ZyCrypto.

2019-5-7 10:00


ICO Market Doubled in a Year, Investing up Ten-Fold

Initial Coin Offering–Despite the sinking price of cryptocurrency across the market, initial coin offerings have managed to fair well in terms of growth through 2018. While the entire industry is embroiled in a bear cycle that has continued into the eighth month of the year, ICOs have doubled since 2017, while drastically increasing the amount […] The post ICO Market Doubled in a Year, Investing up Ten-Fold appeared first on Ethereum World News.

2018-8-9 18:27


Augur’s Prediction Market Is Underwhelming

2018 will likely be remembered as a landmark year in cryptocurrency, as a period in which many of the early initiatives and well-funded ICO startups launched. While many of these projects have exciting and potentially paradigm-shifting capabilities, it’s also important to recognize that the realities of such developments do not always mirror the anticipated possibilities. […]

2018-7-28 22:00


Фото:

Thai Bond Market Association Blockchain-based registrar should launch the Bond Service Platform

The Thai Bond Market Association (TBMA) will deploy a blockchain-powered solution on its registrar service platform, local news agency Bangkok Post reports July 28. The new registrar service platform, which is scheduled to be introduced this year, intends to provide a faster bond certificate issuance and, in turn, boost the liquidity of the secondary market,

2018-7-28 09:22


Ethereum to fall further? High profile investors are shorting ETH

Ethereum has seen its value go down by 36% in the past year. Being the world’s second largest cryptocurrency, it is surprising that it is falling at all, but what is even more shocking is that many investors, cryptocurrency enthusiasts and market participants are betting against the fact that the cryptocurrency may see more losses The post Ethereum to fall further? High profile investors are shorting ETH appeared first on ItsBlockchain.

2018-7-26 16:29


Фото:

Bitwise Files With SEC for Cryptocurrency ETF

Bitwise Asset Management is the latest venture to apply for a cryptocurrency exchange-traded fund (ETF). Called the Bitwise HOLD 10 Cryptocurrency Index Fund, the ETF will track the returns of the company’s HOLD 10 Index, a “market-cap-weighted index of the 10 largest cryptocurrencies” that captures roughly 80 percent of the total cryptocurrency market capitalization.

2018-7-25 02:18


Facebook Restores Coinbase Crypto Ads, No Intent to Block Legitimate Companies

The CEO of Coinbase has just announced that the platform has just been approved to display ads on the largest social media platform in the world, Facebook. Facebook Repeals Ban On Crypto-Related Advertisements As the market began to run last year, so did cryptocurrency ad sightings, with dozens, if not hundreds of cryptocurrency companies promoting.

2018-7-21 14:39


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bonfida DEX Restricts Access to US-based Users

Serum-based, Bonfida decentralized digital asset exchange (DEX) is the latest decentralized finance (DeFi) project to put the US in its restrictive region list. According to Bonfida's terms of use, the Bonfida DEX is not available to residents of the USA.

1Inch Network Restricts Access to US Users, imToken Blocks Chinese Users from using its DEX and DApps

Decentralized platforms might not be as decentralized as they claim to be. This can be seen with the decentralized exchange aggregator 1inch, which has started geofencing US IP addresses. “It looks like you are trying to use the linch dApp from a restricted territory or are using a VPN that shows your location as a […] The post 1Inch Network Restricts Access to US Users, imToken Blocks Chinese Users from using its DEX and DApps first appeared on BitcoinExchangeGuide.

1Inch Moves to Arbitrum For Faster Throughput And Lower Gas Fees  

Ethereum multi-chain solution, Arbitrum One is seeing major adoption by the day. The latest protocol looking to tap into lower fees and faster transactions is 1Inch Network. 1Inch Moves To Arbitrum According to a Wednesday tweet, popular decentralized cryptocurrency exchange (DEX) aggregator 1Inch Network announced support to Ethereum layer-two scaling solution Arbitrum.

Jack Dorsey is Building a KYC-Complaint DEX for Bitcoin with a Decentralized Identity Solution

Twitter CEO and co-founder Jack Dorsey have shared more details about his project that revolves around Bitcoin. Last month, Dorsey had said that decentralized finance (DeFi) on Bitcoin is his new goal — “an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services” and that […] The post Jack Dorsey is Building a KYC-Complaint DEX for Bitcoin with a Decentralized Identity Solution first appeared on BitcoinExchangeGuide.