About UniLend
Trading Insights
Searched
5
Market Stats
Market Cap
£431.86K
-2.68%
FDV
£471.10K
Circ. Supply
92M UFT
Max Supply
100M UFT
Total Supply
100M UFT
Diluted Valuation
£445.78K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£57.58K
-6.17%
Volume (7D)
£291.36K
Volume (30D)
£1.22M
All time high
£3.27
Price Change (1Y)
-97.77%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of UniLend has increased by 4.70% in the last hour and increased by 0.68% in the past 24 hours. UniLend’s price has also fallen by 4.67% in the past week. The current price is £0.0046 per UFT with a 24-hour trading volume of £57.58K. Currently, UniLend is valued at 99.86% below its all time high of £3.27. This all-time high was the highest price paid for UniLend since its launch.
The current circulating supply of UniLend is 91,671,426.412 UFT which means that UniLend has as total market cap of £431,862.51.
Market details
UFT vs markets
↘ 98.66%
UFT vs BTC
↘ 98.75%
UFT vs ETH
↘ 97.76%
Tags
defi
lending-borowing
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x0202Be363B8a4820f3F4DE7FaF5224fF05943AB1 | |
Polygon | 0x5B4CF2C120A9702225814E18543ee658c5f8631e | |
BNB Smart Chain | 0x2645d5f59D952ef2317C8e0AaA5A61c392cCd44d | |
Polygon | 0x0202Be363B8a4820f3F4DE7FaF5224fF05943AB1 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0046 | ↗ 0.68% |
1 Day | £0.0046 | ↗ 0.68% |
1 Week | £0.0048 | ↘ 4.67% |
1 Month | £0.0041 | ↗ 12.56% |
1 Year | £0.22 | ↘ 97.77% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
UniLend is a blockchain-based protocol. UniLend aims to address the problem of gatekeeping in the DeFi space. According to the whitepaper of UniLend, there is a requirement for a decentralized protocol that can support more digital assets. UniLend developers aim to contribute to the DeFi space by allowing more tokens to be part of it.
Despite a huge number of cryptocurrencies, only a handful are made to be a part of most DeFi platforms which hinders many assets from participating in and contributing to the blockchain space. On the other hand, lenders in this space cannot manage associated risks independently. Peer-to-peer networks are often not viable for users because of the added costs and friction. UniLend attempts to tackle this issue of liquidity on the blockchain using smart contracts. These contracts help to combine money markets with trading services.
UniLend also implements protocols that enable the users to design unique risk management strategies. Thus, UniLend proposes to expand DeFi by enabling it to adopt a larger market.
UniLend Finance Token (UFT) is the primary utility token for the UniLend platform. It can be understood as a transferable representation of the functions attributed to the protocol. The goal of UFT is to be used as a convenient mode of settlement between participants of the platform. The token also provides incentives to users who want to contribute to the ecosystem.
UFT assists in the governance of the platform. Users who hold the token can vote regarding the functions of the protocols as well as any necessary changes to the same. The changes also encourage transparency by requiring majority consensus to accept a proposal.
UniLend aims to create a niche market that is not given significant attention in the blockchain ecosystem. Fragmented protocols with limited functionality restrict the growth of DeFi. UniLend strives to create a space where functionalities of the DeFi system co-exist with trading capabilities.
UniLend was launched in 2020. The platform was co-founded by Chandresh Aharwar, Suryansh Kumar, and Tarun Malik.
We update our UniLend to GBP currency in real-time. Get the live price of UniLend on Coinbase.
The current market cap of UniLend is £431.86K. A high market cap implies that the asset is highly valued by the market.
The all-time high of UniLend is £3.27. This all-time high is highest price paid for UniLend since it was launched.
Over the last 24 hours, the trading volume of UniLend is £57.58K.
Assets that have a similar market cap to UniLend include Ondo DeFAI, CEREAL, XMON, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of UniLend is 92 million.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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