Is UniSwap the most powerful in the Defi market?

[manfredmann]

The most secure too when using the exchange because it was being decentralized and aside from that you had the control over your funds just by swapping it using the platform and will get the coins directly to your wallet after the swap. It was indeed a very ease of doing conversion coins and I would even refer this to my friend when they wanted to invest in a coins. Aside from that the platform had supported a vast of crypto in the market and this is I think one of the best defi platform that has been created.

[ashkhr90]

A new project going to launch on Uniswap soon
If you have missed coins like DOKI, MANY, MEME
Don't miss the Game of Presidents
Basically a gaming kind of nft where there will votes done for the incoming presidential elections

Whitelist for airdrop and presale will start soon, join the group as soon as possible

Discord channel link
https://discord.gg/UxQkbA4

Website
gop.finance

-- DYOR first before investing, however don't miss the airdrops

[Gvent]

I imagined when it moved up when it was listed in binance. It took 8X than its past market price when it surged. Uniswap is the best defi project to me because they cared about their clients and traders. Imagine, they gave up 400 UNI as an airdrop for those who registered and trade before or during September 1.

Well, I just made a few bucks in uniswap because I bought only few. I want to invest in uni again when it declines so that, I can make more profits when it goes to top coins in cmc.

I would not consider a coin successful just because it was handed out on the airdrop
it's just a good advertisement worth millions of dollars
personally, I am very alarmed that the UNI token was hosted by dozens of the most popular exchanges
 which previously did not treat the listings of decentralized tokens very well
I am still watching this coin from the side

[xiboothrezi]

The popularity of uniswap is very good today, it directly affects its market power. based on data from https://defipulse.com/, currently, uniswap dominates the DeFi market by 23.82%. Uniswap is also unique in providing various facilities that really provide a decentralized experience in its protocol. there are only gas costs on the ETH network and no platform or intermediary fees whatsoever. That is what makes Uniswap one of the most attractive choices today.

From the web traffic analysis, it shows quite extraordinary results, uniswap has increased significantly, where many cexs have decreased traffic in Sept

[Willitivity]

Yes, Uniswap is currently has the most powerful and probably the biggest market for decentralized protocols and tokens. They were the first to introduce the first mover advantage and as such, they would remain at the top for a long time. DeFi is just getting started too. Last month, Uniswap surpassed coinbase trading volume. That is a huge achievement especially for a decentralized exchange.

[tyz]

The popularity of uniswap is very good today, it directly affects its market power. based on data from https://defipulse.com/, currently, uniswap dominates the DeFi market by 23.82%. Uniswap is also unique in providing various facilities that really provide a decentralized experience in its protocol. there are only gas costs on the ETH network and no platform or intermediary fees whatsoever. That is what makes Uniswap one of the most attractive choices today.

From the web traffic analysis, it shows quite extraordinary results, uniswap has increased significantly, where many cexs have decreased traffic in Sept
-snip-

I would not rely on web traffic analysis. They are easy manipulable. The statistics for Uniswap may well be correct because it has gained enormous attention through the Airdrop. But the fact that only Yobit (a scam exchange in my opinion) is supposed to have increased its visitor numbers is strange, because especially in September crypto has experienced an upswing and yet all other exchanges are supposed to have had double-digit visitor losses?

[Google+]

The uniswap exchange itself is very powerful. Due to the fact that there was a free distribution of tokens, we are observing some correction, but but this exchange is advanced and I am going to buy back a little at key levels.

indeed at this time it is very strong and many people are using the uniswap exchange to make profits by taking advantage of the price differences that are on the exchange, but you must know that the transaction fees that are on this exchange are very high so you have to have a lot of capital and have to know the time right to buy and sell at this exchange.

[istiak2277]

It’s just 10 days back that DeFi protocol Uniswap launched their Uni token and now Uniswap becomes the first DeFi protocol to cross $2 Billion.

Read more: https://www.worldcoinindex.com/news/defi-protocol-uniswap-crosses-2-billion-in-total-value-locked

Will Uniswap remain it's top position or is this just a hype?

There is 2billion money locked up in that platform isn't that enough to say Uniswap is the number one in the DeFi market? No one expected it will be that much popular and their token UNI also got massive success and already listed on the top exchange even in coinbase. I think UNI will be one of the TOP defi projects among all for now. But Who knows the future! Maybe we will saw any platform powerful than uniswap.

[Astvile]

I personally used UniSwap before and the experience is I can say good and easy. UniSwap is currently at number 1 spot of dex exchanges right now as per
CMC (https://coinmarketcap.com/rankings/exchanges/dex/). UniSwap gained attention big time when they did their airdrop last September which payed out big for who have joined it. I think part of UniSwap being at top is the hype from it but I think that UniSwap can maintain  their position if they will continue to develop their exchange. Plus their token having a success surely UniSwap still got a long road to go and more things to prove.

[Rodeo02]

UNISWAP is a real defi project and indeed there are so many people who use it so that their tokens are also in high demand, Defi is now just hype and maybe soon the volume of UNI will decrease when the hype is over, but for uni itself it will continue to survive

It is depend on the situation to be able to survive for long term they need to balance thier exchnage do not accept any project that only want to be listed there and sell thier tokens to other users.

If they see that this exchange is  a room for many scam project it will reduce its users and those victim of project that launch there will never use that exchange again because of trust issue.

If they really want to survive for long they need to monitor every tokens that they want to list so scammers cant use thier platform as tools to scam people.

[BenjaminFranklingwould]

I think that Binance SmartChain can seriously compete with UniSwap. I think this will be the vampire's second attempt to drain liquidity from Uniswap. I think that if Binance SmartChain kills UniSwap then it will make Binance much stronger.

[turbo_trader0101]

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[Kong Hey Pakboy]

I don't think UNISWAP is the most powerful coin in the Defi market because UNI only became popular due to its airdrop that many people have experienced good profit from it and continues to buy it. But I think Chainlink and YFI is a more powerful coin than Uniswap because many investors find it more promising to invest your money.

[FACE 2 FACE]

I don't think UNISWAP is the most powerful coin in the Defi market because UNI only became popular due to its airdrop that many people have experienced good profit from it and continues to buy it. But I think Chainlink and YFI is a more powerful coin than Uniswap because many investors find it more promising to invest your money.

It is worth agreeing with this opinion. UNISWAP is not a very active project in terms of development. And of course - he's not the best. If not for this generous airdrop, then most people would not know anything about its existence. Moreover, their twitter and other social networks are constantly silent.
Thus, users cannot be sure that everything is fine with this project.

[NewRanger]

I don't think UNISWAP is the most powerful coin in the Defi market because UNI only became popular due to its airdrop that many people have experienced good profit from it and continues to buy it. But I think Chainlink and YFI is a more powerful coin than Uniswap because many investors find it more promising to invest your money.

its totally wrong if uniswap become popular after its airdrop. before this airdrop every trader know uniswap was good defi platfrom in cryptocurrency market and even its daily volume could beat coinbase. if compared with chainlink or yfi , personally uniswap wil have better future. as defi platform and decentralized exchanges, day by day its user growth massively and its feature developted too.

[cryptoknightt]

for now maybe yes.
Because Uniswap also has their own decentralized exchange platform, their coins will be used continuously, maybe in the future there will be an event for their coins related to the Uniswap market.

[Iyeman]

UNISWAP is a real defi project and indeed there are so many people who use it so that their tokens are also in high demand, Defi is now just hype and maybe soon the volume of UNI will decrease when the hype is over, but for uni itself it will continue to survive

I hope the Uniswap exchange project will last a long time and do not cause any more disasters because usually the most terrible exchanges are when they get hacked because there will definitely be a lot of losses due to losing their assets.

Unless there is serious bug in the smart contract I think they gonna be fine, uniswap is not the usual centralized exchange where the money got stored in one place you know and not to mention that it is decentralized exchange which means significantly or near impossible harder to stole from due to its nature. You better off worrying about how to flip your asset than uniswap being hacked.

[Gvent]

The popularity of uniswap is very good today, it directly affects its market power. based on data from https://defipulse.com/, currently, uniswap dominates the DeFi market by 23.82%. Uniswap is also unique in providing various facilities that really provide a decentralized experience in its protocol. there are only gas costs on the ETH network and no platform or intermediary fees whatsoever. That is what makes Uniswap one of the most attractive choices today.

From the web traffic analysis, it shows quite extraordinary results, uniswap has increased significantly, where many cexs have decreased traffic in Sept

Uniswap is really very good
it has real decentralization and, unlike other decentralized exchanges
 has excellent trading volumes that can be compared to large exchanges
this is the secret of the growing popularity of this exchange
it has only one big drawback -
the huge commissions for conducting trading operations due to the increased congestion of the etherium network.

[BenjaminFranklingwould]

Nice trolling from CZ. He is vampire. I think his avatar symbolizes vampirism towards Uniswap. It will be interesting to watch this confrontation. I think that many yield farmers can migrate from Ethereum to Binance smartchain and sidechains. I think this will help unload the network.

[wack slacker]

UNISWAP is a DEFI with the highest locked liquidity pool in the market because of the reputation of the project and the value of the UNI token rewards.
Many other DEFI projects have high rewards and greater returns, but they do not last long because of the high returns, the risk of fraud, and the opacity of the project.
People choose UNISWAP because it is safe and sustainable. If there is another project better than UNISWAP, they will withdraw their money to carry it to that project.