Uniswap is a token. It has no blockchain of its own and no consensus of its own — it rents both from the chains it is issued on, which is why it is listed separately from the cryptocurrencies.
| CoinSpectrum Grade | D · 46/100 · provisional, E to C |
|---|---|
| Type | Token |
| Class | DEX |
| Backing | Non-backed |
| Market capitalisation | $4.4B |
| Price | $7.08 |
| Circulating supply | 624,432,422 UNI |
| Issued on | 13 chains |
Market data rebuilt every six hours; this build 28 October 2026. Live prices on the ranking.
D — 46 out of 100, provisional (from 8 of 10 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 37 to 57 (E to C).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms | 4.9 | group average |
| Host chain | 7.9 | Issued on Ethereum (A, 79/100) |
| Asset class (below every coin family) | 1.8 | Tokens: below every native coin family on the consensus ladders, 0.9 of 10 by largest asset and 2.7 by combined market cap |
| Network security | 0 | No network of its own: secured by its host chain, scored above |
| Decentralisation | 3.8 | group average, 3 of 4 measured |
| Minting and supply (who can mint more) | 5.4 | UNI contract allows minting of up to 2% of supply per year (enabled since Sept 2024); the minter is the Uniswap governance Timelock, so new UNI requires a passed token-holder vote.; no fixed maximum supply source |
| Premine (pre-issued at launch) | 0 | 100% of supply pre-issued at launch. All 1B UNI were minted at deployment (Sept 2020) and allocated to community/treasury, team, investors and advisors; no protocol emission has been minted since. source |
| Fundraising | 6 | Sold to the public or to investors: 40% of supply was the insiders' to sell, 18.04% sold. No public token sale. 18.044% of supply went to Uniswap Labs' investors (seed 2019 led by Paradigm; Series A 2020 led by a16z, ~$11M); later equity rounds (2022 Series B led by Polychain) were company equity. source |
| Holder concentration | — | Not yet measured |
| Supply & Demand | 7.9 | group average |
| Supply & Demand | 8 | average of 5 measures |
| Exchanges (10 or more: 10) | – | exchanges not yet counted |
| Daily volume ($10K 0, $1B or more 10) | 8 | $101,295,071 traded in 24 hours; #31 by volume on the exchanges the site reads (scored on the median day of the last 2, $102,912,054) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 8.4 | 2.4% of its market cap a day, median of the last 3 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 7.8 | $9,815,425 within 2% of the price on 9 exchanges, 0.22% of its market cap, median of the last 2 days; a lower bound: the books returned by 1 of them stop short of 2% |
| Market cap ($1M 0, $10B or more 10) | 9.1 | $4.4B, 9.1 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 6.6 | futures, options and margin positions 12% of its market cap |
| Supply (smaller is better) | 7.8 | fixed maximum supply of 1 billion |
| Record (origin, claims, halts) | — | Not yet reviewed |
Ten criteria, weighted equally — for a token, the host chain replaces the developer share, the asset class stands in for the consensus ladders, and who can mint more for the Cryptocurrency Standards. Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
| Pre-issued at launch | 100% of supply |
|---|---|
| To team, investors and treasury | 40% of supply |
| Sold to the public or to investors | 18.04% of supply |
| Who can mint more | New tokens only through token-holder governance |
| Fundraising | Private or venture funding |
All 1B UNI were minted at deployment (Sept 2020) and allocated to community/treasury, team, investors and advisors; no protocol emission has been minted since.
No public token sale. 18.044% of supply went to Uniswap Labs' investors (seed 2019 led by Paradigm; Series A 2020 led by a16z, ~$11M); later equity rounds (2022 Series B led by Polychain) were company equity.
UNI contract allows minting of up to 2% of supply per year (enabled since Sept 2024); the minter is the Uniswap governance Timelock, so new UNI requires a passed token-holder vote.
Funding-round amounts for Uniswap Labs are background; the load-bearing figure is the 18.044% investor allocation from the launch post.
Sources: blog.uniswap.org · etherscan.io. Researched 2026-10-23, high confidence.
It is issued on 13 chains, which means 13 separate issuances of the same claim. Linked names are chains that are themselves cryptocurrencies with a page here.
CoinSpectrum counts an asset once. A token has neither its own blockchain nor its own consensus mechanism, so it fails both of the site's two conditions — it is a thing issued on a chain, and the chain is what is counted. The methodology states the rule, and the argument for it is set out in full.
Listed, not hidden. The point is that it is measured as what it is.