Uniswap (UNI) - Fundamental Analysis April 2026

Uniswap (UNI): Comprehensive Cryptocurrency Overview

Core Technology and Blockchain Architecture

Uniswap is a decentralized exchange (DEX) protocol built on automated market maker (AMM) technology, enabling peer-to-peer cryptocurrency trading without intermediaries or traditional order books. Rather than matching buyers and sellers, Uniswap uses liquidity pools where users deposit token pairs in equal value, with trades executed algorithmically based on the constant product formula: x × y = k, where x and y represent reserve balances and k remains constant. This mathematical principle ensures that trades cannot change the product of reserves, maintaining pool invariance while allowing prices to adjust dynamically based on supply and demand.

Protocol Architecture Evolution

Uniswap has evolved through four major versions, each introducing significant architectural improvements:

Uniswap v1 (November 2018) introduced the foundational AMM design with simple token-to-ETH trading pairs. The protocol supported only ERC-20 to ETH swaps and lacked decentralized price oracles, limiting its utility for broader DeFi applications.

Uniswap v2 (May 2020) addressed v1 limitations by enabling direct ERC-20 to ERC-20 trading without requiring ETH as an intermediary. This version introduced price oracles that other protocols could use for various applications and enabled flash loans, allowing users to temporarily borrow tokens within a single transaction without collateral.

Uniswap v3 (May 2021) introduced concentrated liquidity, a paradigm shift in capital efficiency. Rather than spreading liquidity across the entire price curve, liquidity providers (LPs) can now define custom price ranges using discrete tick indexes within which their capital provides liquidity. This innovation allows LPs to concentrate capital in expected trading ranges, earning higher fees on smaller capital amounts. V3 also introduced three fee tiers (0.01%, 0.05%, and 1.00%), allowing LPs to balance fees and risk appetite based on pair characteristics.

Uniswap v4 (January 31, 2025) represents a fundamental architectural redesign introducing three major innovations. The hooks system enables developers to deploy external smart contracts that execute custom logic at specific points in a pool's lifecycle, including before and after initialization, liquidity addition/removal, swapping, and donations. This plugin architecture allows developers to implement features such as dynamic fees, limit orders, time-weighted automated market makers (TWAMMs), custom oracles, automated liquidity management, and MEV redistribution without modifying core protocol code.

The singleton architecture consolidates all pool state and operations into a single PoolManager contract rather than deploying individual contracts for each pool. This design reduces gas costs by up to 99.99% for pool creation compared to v3, as creating a pool becomes a state update instead of contract deployment. Multi-pool swaps no longer require intermediate token transfers, improving efficiency.

Flash Accounting records balance changes in transient storage and nets them against each other within a single transaction. Users only pay for final balance changes, eliminating redundant state updates and enabling more efficient multi-hop swaps. Additional features include native ETH support without wrapping to WETH, custom accounting allowing hooks to modify token amounts, and support for unlimited fee tiers and dynamic fee mechanisms.

Multi-Chain Deployment

Uniswap operates across 43 blockchain networks, including Ethereum (primary deployment), Arbitrum, Optimism, Polygon, Base, Avalanche, Binance Smart Chain, Blast, World Chain, Zora Network, and numerous other Layer 2 and emerging chains. This multi-chain architecture provides users with access to Uniswap's trading infrastructure across diverse ecosystems, reducing transaction costs and latency while maintaining protocol consistency. The protocol maintains contract addresses on each chain, enabling seamless cross-chain liquidity access.

Primary Use Cases and Real-World Applications

Decentralized Token Swapping: Uniswap facilitates peer-to-peer token exchanges across thousands of token pairs on Ethereum and multiple Layer 2 networks. As of 2025, the protocol has processed approximately $4 trillion in cumulative trading volume, establishing itself as the foundational infrastructure for DeFi trading.

Liquidity Provision and Yield Generation: Users deposit token pairs into Uniswap pools and earn a portion of trading fees proportional to their pool share. With concentrated liquidity in v3 and v4, LPs can optimize capital efficiency by targeting specific price ranges, earning higher fee yields on smaller capital amounts. This has enabled sophisticated liquidity provision strategies and yield farming opportunities, with professional market makers utilizing the protocol for consistent fee generation.

Price Discovery and Oracles: Uniswap v2 introduced price oracles that other protocols can use to obtain reliable on-chain price feeds. These oracles have become critical infrastructure for DeFi applications requiring price data, including lending protocols, derivatives exchanges, and other financial applications.

DeFi Infrastructure and Composability: Uniswap serves as foundational infrastructure for the broader DeFi ecosystem. Other protocols integrate Uniswap's liquidity and pricing oracles to build lending platforms, derivatives exchanges, yield farming strategies, and other financial applications. The protocol's composability has enabled use cases that Adams did not anticipate at launch.

Cross-Chain Trading: UniswapX, an intent-based protocol launched in 2023 and expanded in 2024-2025, enables gas-free swaps by aggregating liquidity from Uniswap pools and external sources. Fillers compete to fulfill user orders, with the protocol protecting against MEV and failed transactions, enabling seamless cross-chain trading experiences.

Hook-Based Applications: As of mid-2025, developers created over 2,500 hook-enabled pools implementing features including dynamic fee adjustment based on volatility, just-in-time (JIT) liquidity provision, MEV-resistant architectures, lending integration, and continuous clearing auctions for token launches.

Founding Team, Key Developers, and Project History

Hayden Adams and Origins

Uniswap was created by Hayden Adams, a former mechanical engineer at Siemens who was laid off in July 2017. After losing his job, Adams was introduced to smart contract development by Karl Floersch, a friend from college who worked at the Ethereum Foundation. Inspired by a blog post written by Vitalik Buterin on automated market makers, Adams began building Uniswap as a learning project to develop smart contract expertise.

Adams initially called the project "Unipeg" and developed a proof-of-concept version by March 2018 with assistance from Uciel Ares, who refactored the frontend codebase. The project gained critical support when Adams met Vitalik Buterin at Devcon 3. Buterin reviewed the smart contracts on his phone and identified a critical bug (the word "recipient" was misspelled as "recipeint" 20 times throughout the code). Buterin also suggested the name change from Unipeg to Uniswap and encouraged Adams to apply for Ethereum Foundation funding.

Adams received a $65,000 grant from the Ethereum Foundation to conduct a full security audit of the code. On November 2, 2018, during Devcon 4 in Prague, Uniswap v1 was publicly announced and deployed to the Ethereum mainnet. The initial launch attracted approximately $30,000 in liquidity from a single provider across three tokens, enabling swaps of roughly $100.

Organizational Development

As Uniswap gained traction, Adams formalized the project by founding Uniswap Labs in 2018. The company raised $1.8 million in seed funding in April 2019, enabling team expansion and continued development. In August 2020, Uniswap Labs secured $11 million in Series A funding led by Andreessen Horowitz (a16z), with participation from Paradigm Operations, Union Square Ventures, and ParaFi Capital. By 2022, Uniswap Labs had raised a total of $165 million across multiple funding rounds.

The Uniswap Foundation was established in August 2022 by Devin Walsh and Ken Ng following a governance vote in which 95% of UNI token holders approved the proposal. The Foundation facilitates community governance of the Uniswap DAO, protocol development, and communication among contributors.

Current Leadership Structure

Hayden Adams continues as Founder and CEO of Uniswap Labs, maintaining central leadership of protocol development and strategic direction.

Mary-Catherine Lader served as President and Chief Operating Officer of Uniswap Labs from June 2021 to July 2025, overseeing scaling from approximately 10 employees to 150 employees and achieving a $1.66 billion valuation. She managed growth and partnerships, legal and policy, finance, strategy, and operations, playing a central role in defending DeFi through U.S. regulatory challenges.

Robert Pratt serves as General Counsel (August 2025–present) after serving as Associate General Counsel from March 2022 to August 2025. Pratt holds a J.D. from Washington University in St. Louis School of Law and previously practiced at Polsinelli and Cooley LLP.

Brian Nistler assumed the Head of Policy role in January 2026 concurrent with the implementation of Uniswap's "UNIfication" proposal. He simultaneously serves as General Counsel of the Uniswap Foundation (since April 2024). Prior experience includes Associate General Counsel at Voyager (2023–2024) and counsel roles at Lowenstein Sandler LLP.

Erin Koen transitioned from Governance Lead at the Uniswap Foundation (April 2023–January 2026) to Governance Lead at Uniswap Labs in January 2026, bridging both entities. She brings a background as Head of Asset Management at Avantgarde Finance (2022–2023) and nearly a decade as an FX Options Broker at ICAP (2006–2016). She holds an MBA in Finance from NYU Stern.

Renaud Besnard leads marketing, PR, ecosystem, and customer experience at Uniswap Labs (December 2024–present). He previously served as General Manager of International Expansion at Uniswap Labs (November 2023–December 2024) and Growth Advisor (October 2022–January 2024). His prior career includes CMO, Asia-Pacific at Uber (2016–2018) and VP Marketing at Unstoppable Domains (2021–2022).

Chirag Narang serves as Head of Growth at the Uniswap Foundation (May 2025–present), having previously been Protocol Lead at the Foundation (June 2024–May 2025). He played a key role in launching and scaling Unichain (Uniswap's L2). Prior to Uniswap, he was GM/VP Product at Dapper Labs for the Flow blockchain (2022–2024).

Major Milestones

• November 2, 2018: Uniswap v1 launches at Devcon 4 in Prague
• May 18, 2020: Uniswap v2 released with ERC-20 to ERC-20 trading and price oracles
• September 17, 2020: UNI governance token launched with retroactive airdrop of 400 tokens to every address that had ever used Uniswap (250,000 wallets claimed the airdrop)
• May 2021: Uniswap v3 released with concentrated liquidity feature
• January 31, 2025: Uniswap v4 released with singleton architecture and hooks system
• February 2025: Unichain Layer 2 launch on OP Stack
• November 2025: "UNIfication" proposal introduced, activating protocol fee switch and deflationary tokenomics
• December 2025: UNIfication proposal passed with near-unanimous governance support
• January 2026: Uniswap integration on X Layer (OKX's Layer 2)

Tokenomics: Supply, Distribution, and Mechanics

Token Supply Structure

UNI is an ERC-20 governance token with a maximum supply of 1,000,000,000 tokens. As of April 2026, approximately 633.6 million UNI are in circulation (63.36% of total supply), with approximately 100 million UNI burned through the fee switch mechanism. The remaining non-circulating supply of approximately 166.4 million tokens is retained for future distribution and protocol development.

Initial Distribution (September 2020)

The initial token allocation at launch in September 2020 was structured as follows:

The September 2020 airdrop was historic in scale and impact. Every address that had ever interacted with Uniswap received 400 UNI tokens, valued at approximately $1,200 at launch prices. This retroactive distribution rewarded early users and aligned their interests with the protocol's long-term success, establishing a precedent for retroactive airdrops across the crypto industry.

Governance Mechanics

UNI functions as a governance token enabling decentralized protocol management. The governance process consists of three phases:

Phase 1 - Request for Comment (RFC): Community members discuss proposals on the Uniswap governance forum to gather feedback and refine ideas.

Phase 2 - Temperature Check: A 5-day off-chain Snapshot poll signals community sentiment. A proposal requires 10 million UNI votes in favor to advance.

Phase 3 - Governance Proposal: The final on-chain vote lasts 7 days. To submit a proposal, a delegate must have at least 1 million UNI delegated to their address. Proposals require a simple majority of votes in favor and a quorum of 40 million UNI voting in favor to pass. Once passed, proposals are queued in a 2-day timelock before execution.

UNIfication Proposal: Transformation to Value-Accrual Token

In November 2025, Uniswap Labs and the Uniswap Foundation jointly introduced the "UNIfication" proposal, fundamentally transforming UNI from a governance-only token to one with embedded value accrual mechanisms. The proposal was approved in December 2025 with near-unanimous governance support.

Fee Switch Activation: Activates the protocol fee switch on Uniswap v2 and v3 pools on Ethereum mainnet, redirecting 0.05% of each trade (out of the 0.30% total fee) from liquidity providers to the protocol. This represents the first time in Uniswap's history that protocol fees have been activated.

UNI Burn Mechanism: Protocol fees are routed into a burn mechanism that permanently removes UNI from circulation. Early data from the first 12 days of activation showed approximately $800,000 in protocol fees, implying an annualized run rate of approximately $26 million and a burn rate of roughly 4 million UNI per year (0.4% of total supply). This creates a direct link between protocol usage and token supply reduction.

Treasury Burn: A one-time retroactive burn of 100 million UNI from the treasury, worth approximately $590 million at the time of the proposal. This burn represents fees that could have accrued had the fee switch been active since Uniswap's 2018 launch.

Unichain Revenue Integration: All sequencer fees from Unichain (Uniswap's dedicated Layer 2 solution), after L1 data costs and a 15% share to Optimism, are directed into the same burn mechanism.

Organizational Consolidation: Most Uniswap Foundation functions are folded into Uniswap Labs, with Labs receiving a 20 million UNI per-year growth budget. Labs' fees on the interface, wallet, and API are set to zero to maximize protocol competitiveness.

This transformation creates a direct link between protocol usage and token supply reduction, converting UNI into a deflationary asset where trading volume directly benefits token holders through scarcity mechanics.

Consensus Mechanism and Network Security Model

Uniswap is not a blockchain but a smart contract protocol operating on Ethereum and EVM-compatible chains. It does not employ a consensus mechanism; instead, it relies on the underlying blockchain's consensus security.

Protocol Security Model

Non-Custodial Design: Users retain control of private keys; the protocol never holds user funds. All transactions are executed through user-initiated smart contract calls, eliminating custodial risk.

Non-Upgradable Core: The core v4 contracts are immutable, preventing unilateral protocol changes. This ensures that the protocol cannot be modified without community consensus through governance.

Permissionless Architecture: Anyone can create pools, provide liquidity, or deploy hooks without approval from any centralized entity. This permissionless design enables rapid innovation and prevents gatekeeping.

Auditing and Testing: V4 underwent nine independent audits, a $2.35 million security competition with over 500 participants, and a $15.5 million bug bounty program—the largest in history—with zero critical vulnerabilities identified.

Hook Permissions: Pool creators specify which hook callbacks are enabled via immutable flags, limiting potential attack surfaces. This design prevents unexpected hook execution and maintains security boundaries.

Unichain Security (Layer 2)

Unichain, launched February 2025, is an Optimistic Rollup built on the OP Stack. It inherits Ethereum's security through fraud proofs and periodic state commitments to Ethereum mainnet. The Unichain Validator Network (UVN) advances decentralization, with validators and stakers receiving 65% of chain revenue.

Protocol Revenue, Fees, and Business Model

Fee Structure

Uniswap's fee architecture comprises:

Liquidity Provider (LP) Fees:

• 0.01%: Stablecoin pairs (e.g., USDC/USDT)
• 0.05%: Standard pairs
• 0.30%: Volatile pairs
• 1.00%: Highly volatile pairs

These fees are collected from traders and distributed to liquidity providers proportionally to their pool share. Prior to the UNIfication proposal, 100% of these fees accrued to LPs.

Protocol Fees: Governance can enable protocol fees (typically 10-25% of LP fees), directing a portion of trading fees to the protocol treasury. As of April 2026, protocol fees are activated on selected v2 and v3 pools following the December 2025 UNIfication vote.

Current Revenue Metrics (April 1, 2026)

Total Fees Generated:

• 24-Hour Fees: $1.53 million (+50.33% change)
• 7-Day Fees: $7.01 million
• 30-Day Fees: $40.59 million
• All-Time Fees: $5.49 billion

Protocol Revenue:

• 24-Hour Revenue: $0.19 million (+69.13% change)
• 7-Day Revenue: $0.79 million
• 30-Day Revenue: $3.60 million
• All-Time Revenue: $7.01 million

The distinction between total fees and protocol revenue reflects that most fees currently accrue to liquidity providers, with only a portion directed to protocol treasury through governance-enabled protocol fees.

Fee Revenue Timeline

Uniswap's cumulative fee revenue has grown substantially since launch, reflecting both protocol adoption and increased DeFi trading volume:

The trajectory shows accelerating growth following major version releases. V1 launch (November 2018) established the foundational protocol with minimal initial volume. V2 deployment (May 2020) enabled ERC-20 to ERC-20 trading, significantly expanding addressable liquidity. V3 implementation (May 2021) introduced concentrated liquidity, improving capital efficiency and attracting professional market makers. The protocol accumulated $5.49 billion in all-time fees as of April 2026, with notable acceleration in 2023-2024 reflecting increased DeFi adoption and trading volume.

Competitive Advantages and Unique Value Proposition

Market Leadership

Uniswap maintains the largest DEX market share by volume and fees. The protocol commands approximately 35.9% of DEX market share as of August 2025, processing $111.8 billion in monthly volume. The protocol has facilitated over 465 million swaps across v2 and v3 without a single hack or exploit, establishing a track record of security and reliability.

Technological Innovation

Hooks Platform: V4's hooks system transforms Uniswap from a fixed-behavior protocol into a developer platform, enabling rapid experimentation and feature deployment without core protocol changes. Over 800 hook developers from 60+ countries have created 1,000+ hooks as of mid-2025.

Gas Efficiency: Singleton architecture reduces pool creation costs by 99.99% and multi-hop swap costs through flash accounting. This efficiency improvement makes Uniswap more accessible to users and developers.

Capital Efficiency: Concentrated liquidity (v3) and custom accounting (v4) enable LPs to deploy capital more efficiently than constant product AMMs. This attracts professional market makers and sophisticated liquidity providers seeking superior returns.

Network Effects

Liquidity Depth: Uniswap's TVL of approximately $4.4 billion (as of January 2026) provides deep liquidity across thousands of token pairs. This depth reduces slippage for traders and attracts additional liquidity providers.

Multi-Chain Presence: Deployment across 10+ chains diversifies volume sources and reduces single-chain concentration risk. This multi-chain strategy positions Uniswap as the default DEX across fragmented blockchain landscape.

Developer Ecosystem: Over 800 hook developers from 60+ countries, with 1,000+ hooks initialized as of mid-2025. This developer ecosystem creates network effects that strengthen Uniswap's competitive position.

Economic Alignment

The UNIfication proposal directly links UNI token value to protocol usage through fee-based burns, aligning token holder incentives with protocol growth. This contrasts with governance-only tokens that lack direct revenue accrual.

Competitive Positioning vs. Alternatives

vs. Curve Finance: Curve specializes in stablecoin and correlated-asset trading with minimal slippage, using a different bonding curve algorithm optimized for stable pairs. Uniswap v3 and v4 offer superior capital efficiency for general token pairs and greater flexibility through hooks, but Curve remains superior for large stablecoin trades.

vs. SushiSwap: SushiSwap emerged as a fork of Uniswap in September 2020 but has gradually lost competitiveness. While SushiSwap operates across 30+ blockchains, it lacks concentrated liquidity and has not matched Uniswap's innovation pace. Uniswap's TVL ($4.4B) significantly exceeds SushiSwap's ($617.3M), and Uniswap's v4 hooks system provides capabilities SushiSwap cannot match.

vs. dYdX: dYdX focuses on derivatives, margin trading, and perpetual contracts rather than spot trading. The two protocols serve different use cases, with dYdX targeting professional traders and Uniswap serving broader retail and institutional spot trading needs.

Current Development Activity and Roadmap Highlights

Recent Milestones (2024-2026)

• January 31, 2025: Uniswap v4 mainnet launch across 10 chains (Ethereum, Arbitrum, OP Mainnet, Base, Polygon, BNB Chain, Blast, World Chain, Avalanche, Zora Network)
• February 2025: Unichain Layer 2 launch on OP Stack
• June 2025: Bunni v2 hook integration for automated liquidity management
• July 2025: UniswapX optimization enabling single-block swap routing across on-chain and off-chain liquidity
• August 2025: Uniswap v4 TVL exceeded $1 billion milestone
• November 2025: UNIfication proposal announced, activating protocol fees and UNI burn mechanism
• December 2025: UNIfication governance vote initiated (December 18-25, 2025)
• January 2026: Uniswap integration on X Layer (OKX's Layer 2)

Active Development Initiatives

Protocol Fee Discount Auctions (PFDA): Mechanism to internalize MEV and increase LP returns by allowing the protocol to capture value from external liquidity sources.

Aggregator Hooks: V4 hooks that turn Uniswap into a native on-chain aggregator, sourcing liquidity from external protocols and collecting fees on external flow.

Unichain Optimization: Ongoing development to establish Unichain as a leading liquidity hub with low-cost, high-performance AMM trading. Labs commits to sponsoring gas on Unichain to make it the lowest-cost trading venue.

Hook Design Lab: Pilot grant program launched June 2025 to accelerate v4 hook teams from prototype to adoption, with focus on frontier DeFi infrastructure including dynamic fees, JIT liquidity, vault automation, and rehypothecation.

Continuous Clearing Auctions (CCA): New mechanism for fair price discovery and liquidity bootstrapping via permissionless on-chain auctions. Aztec Network launched the first CCA implementation in early December 2025.

Roadmap Priorities (2026 and Beyond)

1. Fee Switch Rollout: Expand protocol fees to all v3 pools across Ethereum and eight additional chains (post-February 2026)
2. Labs Interface Optimization: Zero-fee interface, wallet, and API to drive organic volume; investment in LP UX and features including dollar-cost-averaging, improved cross-chain swaps, and gas abstraction
3. Developer Portal: Self-serve developer portal for key provisioning and liquidity rebalancing via API
4. Ecosystem Expansion: Strategic partnerships, grants, and incentives to onboard new participants; dedicated engineering support for integrators
5. RWA and Non-EVM Assets: Liquidity bootstrapping tools, token launchers, RWA partnerships, and bridging of non-EVM assets to Unichain
6. Governance Consolidation: Transition Foundation teams to Labs under UNIfication, with 20 million UNI annual growth budget (2026 onwards)

Governance and DAO Activity

The Uniswap Council (UC) oversees DAO-approved initiatives with transparent execution. Recent governance actions include:

• Uniswap Unleashed Proposal (February 2025): Approved $177 million in funding for Foundation operations and grants through 2026
• DUNI Establishment (August 2025): Uniswap Governance registered as Wyoming DUNA for legal legitimacy and tax compliance
• UNIfication Proposal (November 2025): Joint Labs-Foundation proposal to activate fees, implement burns, and consolidate operations
• Q4 2025 Grants: Foundation committed $5.8 million in new grants and disbursed $2.1 million in committed grants

Foundation Grant Activity

The Uniswap Foundation allocated $108.3 million for grants and operations through 2026:

• Q1 2025: $12.4 million in new grant commitments
• Q2 2025: $6.5 million in new grant commitments
• Q3 2025: $0.8 million in new grant commitments
• Q4 2025: $5.8 million in new grant commitments

Grants focus on protocol developers, governance support, innovation, research, security, and ecosystem growth initiatives including hook development, Unichain partnerships, and DeFi education.

Key Partnerships and Ecosystem Integrations

Major Blockchain Integrations: The protocol operates on multiple blockchains including Ethereum, Polygon, Arbitrum, Optimism, Avalanche, Binance Smart Chain, Base, Blast, World Chain, Zora Network, and numerous other chains, expanding accessibility and reducing transaction costs.

DeFi Protocols: Thousands of DeFi applications integrate Uniswap's liquidity and pricing oracles, including lending protocols (Aave, Compound), derivatives platforms, and portfolio managers.

Wallet and Interface Providers: Major cryptocurrency wallets including MetaMask, Ledger, Coinbase Wallet, and others integrate Uniswap's swap functionality, making token trading accessible to mainstream users.

Cross-Chain Infrastructure: Uniswap integrates with Across Protocol for cross-chain intent settlement, with joint development of the ERC-7683 standard for cross-chain intents (April 2024).

Hook Ecosystem Partners: EulerSwap (Euler Finance) implements JIT liquidity hooks integrating lending infrastructure; Aegis (Solo Labs) provides dynamic fee hooks with on-chain volatility adjustment; Silo Finance uses v4 hooks for isolated risk management; Bunni provides automated liquidity management hooks; Panoptic builds options protocols on v4 hooks.

Developer Support: OpenZeppelin developed Uniswap v4 Hooks Contract Library; Atrium Academy operates Hook Incubator program; Uniswap Foundation distributed $18.8 million in grants during 2025 YTD (Q1-Q3).

Regulatory and Legal Partnerships: Uniswap Governance established as a Decentralized Unincorporated Nonprofit Association (DUNI) under Wyoming law (August 2025); Cowrie serves as DUNI administrator for tax compliance and financial reporting.

Market Position and Current Metrics

Current Market Data (April 1, 2026):

• Price: $3.57 USD
• Market Cap: $2.26 billion
• Market Cap Rank: #40
• 24-Hour Volume: $221.96 million
• 1-Hour Price Change: +0.21%
• 24-Hour Price Change: -0.25%
• 7-Day Price Change: -1.01%

Historical Price Performance:

• All-Time High: $44.53 (May 3, 2021)
• All-Time Low: $3.11 (September 17, 2020)
• Current Price vs. ATH: -92.0%