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Is Uniswap a Safe Investment?

TheMotleyFool

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Uniswap (CRYPTO: UNI) has become a leading decentralized finance (DeFi) protocol and the 11th largest cryptocurrency globally, even though it's been just one year since its launch on the Ethereum blockchain. What's more, during that period, its UNI tokens boasted a 5,957% return to investors. As a result, its market cap is nearing $16 billion.

The tokens' fundamental value has been catching up to expectations as well. Currently, coin holders have an estimated $6.41 billion in total value locked (TVL), meaning cryptocurrencies, pledged in smart contracts, on the network's protocol. So can you count on Uniswap as a safe way to add muscle to your portfolio?

Image source: Getty Images.

Source Fool.com

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