Unlock is a protocol that developers, creators, and platforms can use to create onchain memberships and subscriptions. Unlock’s goal is to ease implementation and increase conversion from “users” to “members,” creating a much healthier monetization environment for the web.
In short, Unlock is an open-source, collectively owned, community-governed, peer-to-peer system that creates time-based (potentially recurring) memberships.
There are a number of interdependent components of Unlock. These are:
Unlock Labs: The core team that created and currently maintains Unlock Protocol.
Unlock Protocol: A suite of upgradable smart contracts that create memberships as NFTs.
The Unlock Ecosystem: A community of creators, distributors, and consumers who share ownership of Unlock Protocol through their contributions using the protocol.
Unlock DAO: A decentralized organization of token holders who govern and control Unlock Protocol.
Unlock Protocol Foundation: A Cayman Islands Foundation whose purpose is to act in service of the Unlock ecosystem and DAO.
Unlock Tools: Front-end convenience applications built by Unlock Labs to further sustainable innovation on Unlock Protocol.
Unlock Labs created Unlock Protocol to provide an open, shared infrastructure for memberships that removes friction, increases conversion, enables scale, reduces costs, and evolves the web from a business model built on attention toward one based on membership.
Where is UnlockProtocolToken available for purchase?
You can exchange UP tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading UnlockProtocolToken is Uniswap V3 (Base), notably the UP/WETH pair, which saw a trading volume of $ 49.69 in the past day. Additionally, Aerodrome (Base) is popular alternative for trading tokens.
What is the highest value UnlockProtocolToken (UP) has ever reached?
UnlockProtocolToken (UP) reached its peak price at 0.08455 $ on 24 November 2024, approximately 9 months ago ago. Presently, the current price is -92.7% lower than this all-time high.
What is the historical minimum price for UnlockProtocolToken (UP)?
The minimum price reached for UnlockProtocolToken (UP) was 0.003553 $, documented on 07 April 2025, more than 4 months ago. In comparison, the current price is 73.65%, it above this historical low.
What is the fully diluted valuation of UnlockProtocolToken (UP)?
The fully diluted valuation (FDV) of UnlockProtocolToken (UP) stands at $ 6,16 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 UP tokens. The realization of this FDV might take several years depending on the emission schedule of UP tokens.