{"id":563928,"date":"2020-09-20T10:44:58","date_gmt":"2020-09-20T07:44:58","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=563928"},"modified":"2020-09-20T10:44:58","modified_gmt":"2020-09-20T07:44:58","slug":"uniswap-uni-takes-top-defi-spot-in-total-value-locked-at-1-94b","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/uniswap-uni-takes-top-defi-spot-in-total-value-locked-at-1-94b\/","title":{"rendered":"UniSwap (UNI) Takes Top DeFi Spot in Total Value Locked at $1.94B"},"content":{"rendered":"<p><strong>Quick take:<\/strong><\/p>\n<ul>\n<li><strong>UniSwap is now the leading DeFi protocol in terms of Total Value Locked<\/strong><\/li>\n<li><strong>At the time of writing, $1.94 Billion is locked in Uniswap<\/strong><\/li>\n<li><strong>UniSwap&#8217;s TVL has eclipsed Aave, Curve Finance, Maker and Yearn Finance<\/strong><\/li>\n<li><strong>However, the UNI token is in the midst of a correction in the crypto markets<\/strong><\/li>\n<\/ul>\n<p>The launch of the UniSwap token and the airdrop of UNI to all users that interacted with the protocol before September 1st has had a positive impact in terms of total value locked on the platform. According to <a href=\"https:\/\/defipulse.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">DeFiPulse.com<\/a>, Uniswap has reclaimed <a href=\"https:\/\/en.ethereumworldnews.com\/uniswap-retakes-defi-top-spot-as-rival-platform-suffers\/\" target=\"_blank\" rel=\"noopener noreferrer\">the number one spot<\/a> in this regard and has managed to edge out several heavyweights in the process. The team at DeFiPulse.com noted this accomplishment via the following tweet.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83e\udd84 <a href=\"https:\/\/twitter.com\/UniswapProtocol?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">@UniswapProtocol<\/a> has come stampeding up the leaderboard and is back at \ud83c\udfc6 #1 Total Value Locked in <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">#DeFi<\/a>.<\/p>\n<p>Check out the TVL chart at <a href=\"https:\/\/t.co\/cpEfG0qRDr\" rel=\"nofollow\">https:\/\/t.co\/cpEfG0qRDr<\/a> <a href=\"https:\/\/t.co\/3N6dwJEtIG\" rel=\"nofollow\">pic.twitter.com\/3N6dwJEtIG<\/a><\/p>\n<p>&mdash; DeFi Pulse \ud83c\udf47 (@defipulse) <a href=\"https:\/\/twitter.com\/defipulse\/status\/1306959767362043904?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">September 18, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Over $1.94B Locked in UniSwap<\/h2>\n<p>Taking a second look at the rankings at DeFiPulse.com reveals that the total value locked in <a href=\"https:\/\/en.ethereumworldnews.com\/uniswap-edges-out-tether-usdt-in-eth-gas-consumption\/\" target=\"_blank\" rel=\"noopener noreferrer\">Uniswap<\/a> now stands at $1.94 Billion. Furthermore, Uniswap has edged out the DeFi protocols of Aave, Curve Finance, Maker and <a href=\"https:\/\/en.ethereumworldnews.com\/yearn-finance-yfi-continues-to-outshine-bitcoin-hits-ath-of-16700\/\" target=\"_blank\" rel=\"noopener noreferrer\">Yearn Finance<\/a>. Below is a screenshot of the current rankings.<\/p>\n<figure id=\"attachment_563929\" aria-describedby=\"caption-attachment-563929\" style=\"width: 876px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/09\/UniSwap-TVL-Sept-20th.jpg\"><img class=\"wp-image-563929 size-full\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/09\/UniSwap-TVL-Sept-20th.jpg\" alt=\"\" width=\"876\" height=\"302\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/09\/UniSwap-TVL-Sept-20th.jpg 876w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/09\/UniSwap-TVL-Sept-20th-300x103.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/09\/UniSwap-TVL-Sept-20th-770x265.jpg 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/09\/UniSwap-TVL-Sept-20th-240x83.jpg 240w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/09\/UniSwap-TVL-Sept-20th-717x247.jpg 717w\" sizes=\"(max-width: 876px) 100vw, 876px\" title=\"\"><\/a><figcaption id=\"caption-attachment-563929\" class=\"wp-caption-text\">Screenshot courtesy of DeFiPulse.com<\/figcaption><\/figure>\n<h2>UniSwap (UNI) Token is in the Midst of a Correction<\/h2>\n<p>In terms of market value, the UniSwap (UNI) token has done alright in the sense that it has more than doubled its value since being listed on multiple exchanges. UNI opened trading at an average value of $2.50. The token is now valued at $5.67 after hitting an all-time high value of $8.39 on the 18th of September and less than 48 hours after its official launch.<\/p>\n<p>At the time of writing, Uniswap (UNI) is available for trading on Binance, Coinbase Pro, Huobi, OKEx, Gate.io, KuCoin, ZebPay, Binance US, DigiFinex, BitZ, BigONE, Bitrue, FTX, Wazir X, Bitfinex, <a href=\"https:\/\/en.ethereumworldnews.com\/poloniex-kucoin-to-share-liquidity-and-more-in-new-partnership\/\" target=\"_blank\" rel=\"noopener noreferrer\">Poloniex<\/a>, Uniswap and more.<\/p>\n<p>Judging by the fact that it is a very new token, there is not much historical data to provide a long term comprehensive market analysis. However, the lower time frames of 15 minutes and 30 minutes could provide information that would be more valuable to scalpers.<\/p>\n<p>Also worth mentioning is that crypto-twitter is for the opinion that the top is in based on the fact that a few crypto personalities have started calling for a $50 UNI. This theory can be found via the following two tweets.<\/p>\n<p>https:\/\/twitter.com\/keycommando114\/status\/1307349540228521986<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick take: UniSwap is now the leading DeFi protocol in terms of Total Value Locked At the time of writing, $1.94 Billion is locked in Uniswap UniSwap&#8217;s TVL has eclipsed Aave, Curve Finance, Maker and Yearn Finance However, the UNI token is in the midst of a correction in the crypto markets The launch of the UniSwap token and the airdrop of UNI to all users that interacted with the protocol before September 1st has had a positive impact in [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":563931,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[108120,823],"tags":[7092,1322,7575,108159],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/563928"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=563928"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/563928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/563931"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=563928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=563928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=563928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}