Topic: Is UniSwap the most powerful in the Defi market? - page 6. (Read 1652 times)
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.
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.
, 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. 
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.
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.
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.
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.
Now a days Uniswap is best for Defi. All Defi token are listing on uniswap. Uniswap is going to favourite for all investors and traders because they get profie by staking. And also uniswap is very secure for investors.
I have been following the development of uniswap since it was still a small defi project. Since then, the platform has grown big that most crypto and new project uses their platform to moonshot their crypto. I have been checking the platform for new projects to be release and swap there and so far I have greatly benefit and gained a lot from it.
In the present period, Uniswap is the best for DiFi. But there is some limitation. High transaction fee is one of them. Trading is difficult because first you need to transfer your asset to wbtc than other coin like BTC or ethereum. Neverthless Uniswap is best for security.
i thought your going to say that in the present period uniswap is not a thing anymore but am i right ? the noise of defi is starting to go down. i dont have a hate to them but im just saying what i observed on this market. fees or high fees is not a limitation because if you really like the exchange you will do anything even if it cost you more just to trade on it but speaking of fees , arent the fees return to normal now ? im talking about eth , or this exchange uniswap is permanently set to have a seperate high trading fees .?
In the present period, Uniswap is the best for DiFi. But there is some limitation. High transaction fee is one of them. Trading is difficult because first you need to transfer your asset to wbtc than other coin like BTC or ethereum. Neverthless Uniswap is best for security.
Will Uniswap remain it's top position or is this just a hype?
This is not just hype, decentralized exchanges like uniswap will be even more popular in the future, as they are safer from hacking.I am pretty sure UniSwap will stay around for some time. People are looking for anonymous exchanges to trade their tokens and UniSwap has a top position in this field. I am very excited for the future of UniSwap and maybe current users might be lucky again and get an additional airdrop when UniSwap V3 goes live. Thats why I got a question concerning UniSwap:
Do you guys think there will be another airdrop round for UniSwap V3? If yes, what do you think who will get it? Do you think it will be only for holders? Or maybe everyone who did a trade in a certain timeframe will be eligible for a future airdrop?
as of now i think it is because it has a huge volume and very popular as well, uniswap is most used dex out there in recent times, almost like all defi and most non-defi project want to be in uniswap, and the way it seems it will continue to grow even stronger because the defi trend has just begun, even by next year i think there will be more defi project and most if not all will be listed on uniswap, so uniswap will be in control for long.
yes, that why the token had so much hype, we will not see another player like uniswap so soon, it is the best platform as dex and for Defi and farms.
For now, other players will not appear immediately because the influence of the hype at this time is still very strong, making people tend to believe in the hype, but it is also unknown how long it will last.
I would say the most contagious rather than "the most powerful". Some market makers are already talking of "UniSwap pandemic" spreading to crypto holders. The risk of being scammed trading on UnisWap is big and real because in reality virtualy any token (including the scam one) can be listed there. I'm maybe saying something not popular right now but DeFi as a whole and Uniswap as part are capable to create a new systemic risk to crypto that has the potency to torpedo its mass adoption if the sum of the scam on UnisWap would prevail.
Yes that is for sure that UniSwap is one of the most powerful DeFi project that has been made at this point in time knowing how in just a short period of time it makes a very high boost in the market I definitely and strongly believe that it is the best Defi project of all time.
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?
UNI didn’t stay on the Top 10 DeFi project and its down to Ranked 12, so I can assume that those are just the hype and investors are just riding the waves and will sell later on. The hype started on big airdrop and followed by the good news, now the big challenge for UNI is to regain its top position and continue delivering good services and not just a hype token. The platform Uniswap is very helpful, and I’m looking for more updates under this platform. 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?
Will Uniswap remain it's top position or is this just a hype?
This is not just hype, decentralized exchanges like uniswap will be even more popular in the future, as they are safer from hacking.This would ideally be the direction in which crypto should develop. Decentralized trading exchanges offer much more security, but it is also associated with a more cumbersome handling, which leads many to continue to prefer centralized exchanges. Furthermore, exchanges like Uniswap are extremely ecosystem bound, like on Ethereum. If the network is overloaded and fees are increasing, trading can be extremely slow and expensive. The goal should therefore be to build Atomic Swaps exchanges, as Komodo project is trying to do.
It was already making coinbase equivalent volume even without launch of uni token, any token can be traded there as long as they are unlocked, and tons of ethereum tokens are created daily. I believe it gonna go further even more when ethereum fees lessens a bit with launch of ethereum 2.
the obstacle for traders at Uniswap is that the fee is too large. requires large capital to be able to trade there. I don't think that's the problem with the ethereum network. However, the fees charged by Uniswap are already high. there may be a reduction in the future when the ethereum network is fully adapted.But all those being said, a decentralized exchange as smooth and transparent as ever has every chance to become the largest exchange if not already and perform good just the fees issue needs to be looked upon and fixed asap.
True, everytime I make a trade on uniswap I question myself, I could buy a meal with these fees lmao
It was already making coinbase equivalent volume even without launch of uni token, any token can be traded there as long as they are unlocked, and tons of ethereum tokens are created daily. I believe it gonna go further even more when ethereum fees lessens a bit with launch of ethereum 2.
the obstacle for traders at Uniswap is that the fee is too large. requires large capital to be able to trade there. I don't think that's the problem with the ethereum network. However, the fees charged by Uniswap are already high. there may be a reduction in the future when the ethereum network is fully adapted.But all those being said, a decentralized exchange as smooth and transparent as ever has every chance to become the largest exchange if not already and perform good just the fees issue needs to be looked upon and fixed asap.
yes, that why the token had so much hype, we will not see another player like uniswap so soon, it is the best platform as dex and for Defi and farms.
Yes, we know that Uniswap has succeeded in becoming a defi market with extraordinary daily volume, no wonder that Uniswap managed to get 2 billion. Of course the role of investors here is very strong, so it is not uncommon for some tokens to be expensive.
Uniswap is one of the first DeFi projects, the founder of a new direction in cryptocurrency operations. This does not mean that it is the most powerful and the best, but it is the first and has earned a reputation as a reliable crypto exchanger.
Most likely it is going to be the first decentralized exchange with a very high volume, it's taken our attention because of the airdrop and because of the liquidity, let's hope that UNISWAP will be stable and free from hacking it's time for the decentralized exchange to shine, it's been a long time that centralized exchanges are ruling the industry.
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