Uniswap Price - UNI/AUD : $12.9494
Order book UNI / AUD
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What is Uniswap (UNI)?
Uniswap is an open-source protocol for developers, liquidity providers, and traders to take part in a financial marketplace utilising ERC-20 tokens. The protocol makes use of automated liquidity. This means that there are underlying smart contracts that define the guidelines on how liquidity pools are to be created and how corresponding markets can function with one another.
UNI is the native token of the network and provides governance rights to holders, allowing them to vote on changes to the protocol. The initial way of receiving the UNI token is through community distribution as a reward for providing liquidity to certain swap pools.
There are no unnecessary facilitators in the process of trading, no order book, resulting in a fast and efficient experience. The prioritisation of the Uniswap protocol is decentralisation, censorship resistance, and security.
Frequently asked questions
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How we treat client assets
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
We maintain a full 1:1 reserve of all client fiat and crypto assets.
We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.
Audited
Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.
Segregated funds
We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can.
We keep your assets safe. That is our promise.
Sole custodian
Independent Reserve is the sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.
We adhere to industry best practices and never lend or trade your assets.