Despite Uniswap climbing to become the largest decentralized finance (DeFi) protocol by total value locked (TVL), its newly issued UNI token crashed in the market today along with many other DeFi tokens.
As of press time (12:02 UTC), UNI traded at USD 4.35, having gone down 23.35% over the past 24 hours. And despite the token soaring more than 186% from the launch price