Uniswap vs Chainlink: Key Differences (UNI vs LINK)
Complete side-by-side comparison of Uniswap and Chainlink. Price, market cap, technology, and more.
What is Uniswap?
Uniswap invented the automated market maker and changed crypto trading forever. No order books, no KYC, just liquidity pools and math. Hayden Adams built the first version with an Ethereum Foundation grant. Now it processes more volume than most centralized exchanges.
What is Chainlink?
Chainlink solved a fundamental problem: how do smart contracts get real-world data? Price feeds, weather data, sports scores - Chainlink oracles bring it all on-chain securely. It's the infrastructure layer that most of DeFi quietly depends on. Not flashy, but absolutely essential.
Price Evolution
Percentage change from start of period
UNI-16.15%LINK-23.17%Detailed Comparison
| Metric | UNI | LINK |
|---|---|---|
| UNI LINK | ||
| Price & Market | ||
| Price | $3.7 | $8.48 |
Price $3.7 $8.48 | ||
| Market Cap | $2.34B | $6.00B |
Market Cap $2.34B $6.00B | ||
| 24h Volume | $227.89M | $398.89M |
24h Volume $227.89M $398.89M | ||
| Volume/Cap Ratio | 9.74% | 6.65% |
Volume/Cap Ratio 9.74% 6.65% | ||
| Market Dominance | 0.00106917% | 0.00274332% |
Market Dominance 0.00106917% 0.00274332% | ||
| All-Time High | $44.92 | $52.7 |
All-Time High $44.92 $52.7 | ||
| ATH Date | May 3, 2021 | May 10, 2021 |
ATH Date May 3, 2021 May 10, 2021 | ||
| Performance | ||
| 24h Change | 1.73% | 2.57% |
24h Change 1.73% 2.57% | ||
| 7d Change | 2.10% | 5.35% |
7d Change 2.10% 5.35% | ||
| 30d Change | 16.15% | 23.17% |
30d Change 16.15% 23.17% | ||
| Supply | ||
| Circulating Supply | 633.58M | 708.10M |
Circulating Supply 633.58M 708.10M | ||
| Total Supply | 898.54M | 1.00B |
Total Supply 898.54M 1.00B | ||
| Max Supply | 1.00B | 1.00B |
Max Supply 1.00B 1.00B | ||
| Technology | ||
| Consensus | ERC-20 (Ethereum PoS) | Decentralized Oracle Network |
Consensus ERC-20 (Ethereum PoS) Decentralized Oracle Network | ||
| Block Time | N/A (Token) | N/A (Oracle) |
Block Time N/A (Token) N/A (Oracle) | ||
| TPS (Transactions/sec) | N/A | N/A |
TPS (Transactions/sec) N/A N/A | ||
| Launch Year | 2018 | 2017 |
Launch Year 2018 2017 | ||
| Transaction Fees | ||
| Average Fee | $0.50-$20 | $0.50-$20 |
Average Fee $0.50-$20 $0.50-$20 | ||
| Fee Model | Ethereum gas fees (ERC-20) | Ethereum gas fees (ERC-20) |
Fee Model Ethereum gas fees (ERC-20) Ethereum gas fees (ERC-20) | ||
| General | ||
| Primary Use Case | DEX governance, DeFi | Oracles, Data feeds, Cross-chain |
Primary Use Case DEX governance, DeFi Oracles, Data feeds, Cross-chain | ||
| Founder | Hayden Adams | Sergey Nazarov |
Founder Hayden Adams Sergey Nazarov | ||
| Website | uniswap.org | chain.link |
Website | ||
| Volatility & Risk | ||
| Drawdown from ATH | 91.8% | 83.9% |
Drawdown from ATH 91.8% 83.9% | ||
Technology Comparison
Use Cases & Ecosystem
Why Uniswap?- ✓Pioneer and leader of decentralized exchanges
- ✓Massive trading volume - often exceeds centralized exchanges
- ✓Deployed on all major chains (Ethereum, Arbitrum, Polygon...)
Why Chainlink?- ✓Powers price feeds for most major DeFi protocols
- ✓Expanding into cross-chain messaging (CCIP)
- ✓Battle-tested infrastructure with minimal failures
Uniswap Risks
- ✗Token utility limited - no fee sharing yet
- ✗Faces increasing competition from aggregators
Chainlink Risks
- ✗Token utility mainly limited to staking and payments
- ✗Large token supply held by team
Investment Considerations
The Verdict
Infrastructure versus application. Chainlink provides oracle services that the entire DeFi ecosystem depends on - price feeds, VRF, automation. Uniswap is the DEX that pioneered automated market makers and still dominates decentralized trading. LINK captures value from data requests across all chains. UNI captures value from governance of the largest DEX. Both are blue-chip DeFi tokens with real utility. LINK is a broader infrastructure bet. UNI is a concentrated bet on DEX dominance. Many portfolios hold both.
Frequently Asked Questions
What is the main difference between Chainlink (LINK) and Uniswap (UNI)?
Chainlink (LINK) is primarily an oracle network that provides real-world data to smart contracts, while Uniswap (UNI) is a decentralized exchange token that governs the Uniswap protocol, which facilitates automated token trading through liquidity pools.
Which token is better for DeFi users, LINK or UNI?
It depends on your needs: LINK is essential if you require reliable data feeds for smart contracts, making it crucial for many DeFi applications. UNI is better suited for users interested in decentralized trading and participating in governance of the Uniswap platform.
Can I use LINK and UNI together in DeFi?
Yes, LINK and UNI often complement each other in the DeFi ecosystem. LINK provides the data infrastructure that many DeFi apps rely on, while UNI powers decentralized trading and liquidity provision, so holding both can diversify your DeFi exposure.
Who founded Chainlink and Uniswap, and when were they launched?
Chainlink was founded by Sergey Nazarov and launched in 2017, focusing on decentralized oracles. Uniswap was created by Hayden Adams and launched in 2018, pioneering the automated market maker model for decentralized exchanges.
Are LINK and UNI tokens used for the same purposes?
No, LINK tokens are mainly used to pay for oracle services and incentivize data providers, while UNI tokens are governance tokens that allow holders to vote on protocol changes and improvements within the Uniswap ecosystem.