- Launched: 2018
- Creator: Hayden Adams
- Purpose: Uniswap is a decentralized exchange (DEX) built on the Ethereum blockchain. It allows users to trade ERC-20 tokens directly without needing an intermediary or central authority.
- Features:
- Automated Market Maker (AMM): Instead of using an order book, Uniswap uses liquidity pools to facilitate trades.
- Governance Token: UNI token holders can vote on proposals and changes to the protocol.
- Use Cases: Token swaps, liquidity provision, and decentralized trading.
- Status: Uniswap is one of the most popular decentralized exchanges and is a key player in the DeFi ecosystem.
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