Is UniSwap the most powerful in the Defi market?

[gaston castano]

it will probably last quite a while but defi is still the hype as Vitalic says.
at least uniswap has a platform and a roadmap in the long run, so it won't experience an instant drop when the hype ends, and uniswap dex is still very much in use.

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[GreenStox]

not really but because most of the new projects use defi and are listed on the uniswap market so the volume of defi on uniswap continues to increase, because most of the new projects are defi projects.
while other markets such as Binance have various types of projects including defi.
so in my opinion it can't be said that uniswap is the no1 defi market.

[Traderbtcc]

Currently Uniswap is undoubtedly the most powerful DeFi market, I don't think there's any other DeFi platform that will be able to compete with Uniswap right now, as of August I heard some tokens that were listed there immediately skyrocketed and people were making insane gains, on top of it all was the airdrop they did last month that made so many people rich overnight, and also the amount locked up in liquidity pools surpassed $2billion  , I don't think it's just a hype, I believe it's gonna retain its top position,it's by far the best DEX at the moment.

[pandanaran]

yes, exchange UNSWAP or often called DEX exchange has attracted public attention again. especially when the UNI party exploded making most of the merchants take part in it too. The best defi platforms today are probably like uniswap. the trading volume there every day is always increasing even though the fees there are very expensive.

[Gumbo88]

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?

I don't know that is the most powerful or no, but it is really the most popular in the Defi market.

[mdzahed134]

I am agreed with you right now UniSwap is too popular DEX specially for DeFi marketplace. I haven’t seen any other decentralized exchange which is going popular to such short time, even it’s raised 58k users it’s just one month statistics and who's using this exchange they got big rewards for claimed UNI token. Now undoubtedly it’s a big volume exchange in DeFi market.                            

[trauchot]

At the moment, uniswap is most likely the most popular cryptocurrency exchange and I think even uniswap has overtaken binance, and with the release of uni, the uniswap exchange has become much more popular, so I think that the uniswap exchange will have an incredible future, and while defi sphere is very popular and in demand, more and more investors and traders will use uniswap.

[lumeire]

At the moment, uniswap is most likely the most popular cryptocurrency exchange and I think even uniswap has overtaken binance, and with the release of uni, the uniswap exchange has become much more popular, so I think that the uniswap exchange will have an incredible future, and while defi sphere is very popular and in demand, more and more investors and traders will use uniswap.

I guess this is solely because people are now a days privacy oriented and thus they don't want to put their money on the Exchanges where the chances of hack are pretty high and on the decentralized exchanges we don't need to create any account, so the privacy is always there and also the funds are safe as they are always in your wallet and it is also quick way to exchange the funds in just a single transaction.

[Upgate]

UniSwap exchange has a unique features that has made her to be the most powerful Defi exchange ever existed for now. Albeit majority of some exchange are trying to compete with her but still yet, it's standing as the best.
Just in few minutes, you'll be able to swap eth to any token of your choice, as long as it's all listed on UniSwap exchange without issue of KYC

[CucakRowo]

~I haven’t seen any other decentralized exchange which is going popular to such short time,~

Some corrections And sharing knowledge. Uniswap is not new born DEX actually. Uniswap has been launch since 2018. You can check in here https://twitter.com/haydenzadams/status/1058376395108376577?s=20
Although the idea was started around 2013 : https://www.reddit.com/r/UniSwap/
And when you check through messari, they passed security audit since 2019 : https://messari.io/asset/uniswap/profile#security
Perhaps you can read all the uniswap journey more detailed in here : https://messari.io/asset/uniswap/profile

[GUNALIN]

this is one of the best projects I've seen so far. he inspires me with confidence and I think that a great future awaits them. this project claims to be the most powerful Defi exchange

[ansarose1]

I think the word powerful is too much, but instead we can say that it is the biggest DeFi market now in the history of cryptocurrency. This was possible because of he good outcome they made about their DeFi project. And it's exchange has it's good features such that it is very convenient to trade on.

[Gvent]

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?

now the interest in the industry of  DeFi projects is very high
 so I am sure that Uniswap will continue to be popular and along with it there will be demand for the UNI token
however, I still classify this token as a very risky investment
this is due to the fact that the price for it strongly depends on the situation in the DeFi sector of the crypto market

[Gibreil]

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?

now the interest in the industry of  DeFi projects is very high
 so I am sure that Uniswap will continue to be popular and along with it there will be demand for the UNI token
however, I still classify this token as a very risky investment
this is due to the fact that the price for it strongly depends on the situation in the DeFi sector of the crypto market

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.

[oscarftw]

this is one of the best projects I've seen so far. he inspires me with confidence and I think that a great future awaits them. this project claims to be the most powerful Defi exchange

Yes, the first decentralized exchange which gained huge support after the launch. If this exchange can't manage to list some good projects, then this exchange will also lose trust. I don't like the airdrop process of this exchange, who used this exchange before September! Still people want their privacy, but some centralized exchange needs KYC.

[Fakhrulenclix]

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?

I already try UNISWAP and all I can say is so great, the platform is so simple, swap our token without making any deposit, I think HYPE is about the situation but UNISWAP is about the features, So my conclusion is Uniswap is not just a hype. But remember this is new and something new is more risk than the old projects

[CaVO32]

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?

I already try UNISWAP and all I can say is so great, the platform is so simple, swap our token without making any deposit, I think HYPE is about the situation but UNISWAP is about the features, So my conclusion is Uniswap is not just a hype. But remember this is new and something new is more risk than the old projects

It is nice to read good feedback from this exchange. Though I haven't used this exchange yet, but maybe in the future if I have the chance to trade eth tokens. But what I am worried about this DEX is that, in time they will be full of worthless tokens. What are their plans to get rid of those crap tokens? Right now, they are like the popular DEX, where everyone wants to go to. Curious how long they can sustain the interest of these users.

[alisonwonder]

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.

[Police Indo]

for now Uniswap is an example of a successful DeFi. so that there are many DeFi with the same theme, Unswap, king swap, swapping and so on. So as long as there are no obstacles, and the community still believes in it, we can still trust Uniswap in terms of investing and exchanging coins.

[judeafante]

I already try UNISWAP and all I can say is so great, the platform is so simple, swap our token without making any deposit, I think HYPE is about the situation but UNISWAP is about the features, So my conclusion is Uniswap is not just a hype. But remember this is new and something new is more risk than the old projects

I can agree more everything on DeFi is easy and great the best thing of course is the airdrop it's put this decentralized exchange in the radar of traders and investors UNIDWAP started as a hype but with all the features it's bringing to the table I believe it's going to be one of the most popular exchange in the market and competitive too.