Uniswap’s airdrop of the UNI token in Sep. 2020 has paid off handsomely for users, with the 440 UNI now worth over $6100 as of Jan. 28.
Spurred by the release of the forked SushiSwap DEX, Uniswap airdropped 440 UNI tokens to users who had used the DEX up until that point
The token reached its ATH price of $15.50 on Jan. 7, making it worth $6,820; at current prices, it is worth $6,164
It only took two days after launch for the UNI token to have the third highest market cap among DeFi tokens
Following the distribution, the governance community executed multiple proposals related to governance thresholds, which failed to pass
Since its launch, Uniswap has gone onto become the most popular DEX on the market, with over 109,000 unique traders -- with 1inch trailing far behind with 15,000 traders