On Thursday, Uniswap (UNI) price plunged by around 5%, falling from $3.54 to $3.24, with a market capitalization of $2.06 billion.
The drop in Uniswap (UNI) followed the Kelp DAO hack, which hit the entire DeFi sector, as users pulled out their money.
Despite the drop, Uniswap is continuously expanding its ecosystem through new collaborations.
On April 23, Uniswap (UNI) faced downward pressure after dropping by around 5% on the daily chart, sparking fear in the DeFi community as the protocol faces a liquidity crisis after the Kelp DAO Hack.
According to CoinMarketCap, Uniswap (UNI) price is currently hovering around $94.16 with a marginal drop of 1%. At the time of writing, the cryptocurrency holds a market capitalization of around $1.43 billion, along with a daily trading volume of around $292.37 million.
KelpDAO Hack Shakes the DeFi Sector and Damages Uniswap TVL
After the most bizarre hacking incident in the last week, where Kelp DAO was compromised in a cyber a
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