Introduction
Lending Uniswap can be a great option for those who want to hold UNI but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step
1. Obtain Uniswap (UNI) tokens
In order to lend Uniswap, you need to have it. To obtain Uniswap, you’ll need to purchase it. You can choose from these popular exchanges.
See all 20 pricesPlatform Coin Price Bitpanda Uniswap (UNI) $6.44 M2 Uniswap (UNI) $6.41 YouHodler Uniswap (UNI) $6.42 Uphold Uniswap (UNI) $7 Wirex Uniswap (UNI) $6.45 Kraken Uniswap (UNI) $6.41 2. Choose a Uniswap lender
Once you have UNI, you’ll need to choose a Uniswap lending platform to lend your tokens. You can see some options here.
See all 7 lending ratesPlatform Coin Interest rate M2 Uniswap (UNI) Up to 3.1% APY YouHodler Uniswap (UNI) Up to 11% APY Aave Uniswap (UNI) Up to 0.0066% APY 3. Lend your Uniswap
Once you’ve chosen a platform to lending your Uniswap, transfer your Uniswap into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to be aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest movements
Uniswap (UNI) is currently priced at $6.39 with a 24-hour trading volume of $177.24M. In the last 24 hours, Uniswap has seen an increase of 3.06%. The market cap of Uniswap stands at 4.86B, with $753.77M UNI in circulation. For those looking to buy or trade Uniswap, reputable platforms like Bitpanda, M2 and YouHodler offer avenues to do so securely and efficiently.
- Market cap
- $4.86B
- 24h Volume
- $177.24M
- Circulating supply
- $753.77M