Share this article
BTC
$81,683.35
+
0.58%ETH
$1,551.78
-
0.92%USDT
$0.9995
+
0.01%XRP
$2.0005
-
0.35%BNB
$582.43
+
0.86%SOL
$119.22
+
5.67%USDC
$0.9999
-
0.00%DOGE
$0.1577
+
1.54%TRX
$0.2373
-
0.99%ADA
$0.6178
+
0.82%LEO
$9.4130
-
0.29%LINK
$12.43
+
1.22%AVAX
$19.19
+
5.36%TON
$2.9321
-
0.96%XLM
$0.2330
-
0.25%SHIB
$0.0₄1201
+
0.63%HBAR
$0.1671
-
2.87%SUI
$2.1693
+
0.85%OM
$6.4130
-
0.31%BCH
$304.68
+
3.67%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Developers Fork Uniswap V3, Protocol Attracts $123M in Total Value Locked
The majority of value is locked on Binance Smart Chain (BSC).
Decentralized exchange (DEX) Uniswap has been forked by developers after its Business Source License (BSL) expired on April 1.
The fork, according to DeFiLlama, has already attracted $123 million in total value locked (TVL), with the majority of capital locked on the Binance Smart Chain (BSC)
Story continues
Uniswap documentation reveals that as of April 1 the code became open source. This was planned since the upgrade to version 3 in 2021 as the license was only valid for two years.
Uniswap remains one of the largest decentralized exchanges in the decentralized finance (DeFi) ecosystem, commanding more than $4 billion in TVL across all blockchains.
Two weeks ago Uniswap expanded its product by going live on the BNB Chain following a unanimous governance vote.
The Uniswap token (UNI) is currently trading at $6.32 having surged by 6.11% in the past 24 hours, according to CoinDesk data.
Oliver Knight
Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.
