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Crypto Prices CoinDesk Market Index
Business

Uniswap Token Rallies After Being Added to Robinhood’s Crypto Trading Menu

Offering UNI sent the token higher Thursday afternoon.

By Michael Bellusci
AccessTimeIconJul 14, 2022 at 6:17 p.m. UTC
Updated Jul 14, 2022 at 6:42 p.m. UTC
3D low poly rocket.

UNI got major liftoff from its listing on Robinhood's platform. (OsakaWayne Studios/Getty images)

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Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.

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Uniswap's UNI surged nearly 20% in the latest 24-hour period after broker Robinhood Markets (HOOD) added the token to its crypto trading platform.

  • The decentralized exchange's ERC-20 token boasts a market capitalization of about $4.7 billion, and had about $394 million in trading volume.
  • Robinhood made the announcement in a Twitter post Thursday. The platform now offers users a total of 13 crypto assets.

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Michael Bellusci

Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.

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Michael Bellusci

Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.

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RobinhoodUniswapTokensDecentralized FinanceDecentralized exchange