Uniswap Labs develops the Uniswap Protocol, a decentralized exchange that lets users swap crypto tokens through automated market maker smart contracts. It is permissionless, uses liquidity pools, and was founded by Hayden Adams in 2018.
Access to pre-IPO shares is available to accredited investors through UpMarket.
Latest Price
$1.66B
Series B, Oct 2022, Perplexity
UpMarket Estimate
$1.7B
Based on UpMarket valuation model
Previous Price
$14M
Series A Aug 2020
How to Invest in Uniswap Through UpMarket
Uniswap shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.
Step 01
Verify accredited investor status
Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.
Step 02
Create an UpMarket account
Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.
Step 03
Review available Uniswap offerings
Full offering memoranda and risk disclosures provided before any commitment is required.
Step 04
Complete subscription documents
Review and sign subscription agreement. All documents handled digitally through the platform.
Step 05
Fund your investment
Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
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Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
Oct 2022
Series B
$1.66B
Aug 2020
Series A
$14M
Why Investors Are Watching Uniswap
Growth Signal
Uniswap v4 averages $643M daily volume as fees rise
Uniswap v4 is seeing an average daily trading volume of $643 million, while the protocol has already generated over $44.7 million in fees. Strong usage across the product suggests continued engagement and monetization traction.
Competitive Moat
Fee switch links UNI value to protocol usage and burns
Late-2025 governance approved UNIfication, turning on the long-awaited fee switch and routing protocol fees into UNI burns. Early data implies about $26M annualized protocol fees and roughly 4M UNI burned per year, creating direct value accrual from usage.
Market Opportunity
Uniswap raised at least $177M from major investors
Uniswap Labs has raised at least $176,925,000 across disclosed rounds, according to Clay. Backers include Andreessen Horowitz, Paradigm, Polychain Capital, BlackRock, and Coinbase Ventures, signaling strong support for expansion.
Interested in Uniswap stock? Fill out the form above or sign up directly. Subject to availability. Accredited investors only.
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No. As of March 2026, Uniswap is a private company and does not trade on any public stock exchange. Accredited investors can access Uniswap shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.
Uniswap does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.
Yes. Accredited investors can indicate interest in Uniswap shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered alternative investments since 2019.
Pre-IPO investments carry significant risks. Uniswap shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.
The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.
UpMarket's valuation estimate of $1.7B is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.
Uniswap Labs develops the Uniswap Protocol, a permissionless decentralized exchange for swapping ERC-20 tokens through automated market maker smart contracts, with Uniswap v4 averaging $643M in daily volume as fees rise; the company is valued at $1.6B. Accredited investors can access Uniswap stock through UpMarket.
