Uniswap (UNI), the native token of the eponymous automated market maker, has become the first decentralized finance (DeFi) token to break into the CoinMarketCap top 10. The cryptocurrency is up over 52 percent in less than a week.
With its market cap surpassing $16.6 billion, it is now significantly bigger than Litecoin (LTC), which is currently worth $12.5 million.
The DeFi token is now just a couple of billions away from surpassing Ripple-affiliated cryptocurrency XRP whose rally has been thwarted by the blockchain’s company regulatory troubles.
