Market cap
$2.55M
-0.03 %
Volume (24h)
$35.88
-0.03 %
Circulating supply
299 SOCKS
Total supply
299 SOCKS
Max. supply
315 SOCKS
Unisocks (SOCKS)
$ 8,598.81
-0.03 %
Main info
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Key data
updated $0Market cap$2.55M
Volume 24h$35.88
Circulating supply29995% of max 315
All-time high$198,759-96% from peak · 2021-08-09
Unisocks (SOCKS) is an ERC-20 token on Ethereum created by the Uniswap team as an experiment linking digital assets to physical goods. Each token can be redeemed for a real pair of limited-edition socks, making it one of the first examples of a crypto asset backed by a tangible item.
Frequently asked questions
What is Unisocks and how is it different from other tokens?
SOCKS is a novelty ERC-20 token where each token is redeemable for a physical pair of Unisocks socks. Unlike utility or governance tokens, its value is tied directly to a limited-edition physical product, making it more of a collectible and an early NFT-like experiment.
How does Unisocks work technically?
SOCKS runs on the Ethereum blockchain as a standard ERC-20 token, so it benefits from Ethereum's proof-of-stake security and settlement. When you redeem a token for physical socks, the token is burned, permanently reducing the supply. The token itself was famously priced using an automated bonding curve rather than a fixed sale price.
How is the SOCKS supply structured?
The supply is capped and deflationary: tokens are destroyed every time someone redeems them for a physical pair of socks. Since the sock run was limited, the maximum number of SOCKS that could ever exist was small from the start, and redemptions only shrink it further.
How can you store and use SOCKS?
Since it's an ERC-20 token, you can hold SOCKS in any Ethereum-compatible wallet like MetaMask or a hardware wallet. You can transfer it, trade it on decentralized exchanges, or redeem it through the official redemption process to receive the physical socks — though redemption burns the token permanently.