Description

Uniswap (UNI) – Decentralized exchange (DEX)

Uniswap is a leading decentralized exchange (DEX) built on the Ethereum blockchain, enabling users to trade cryptocurrencies without intermediaries. Powered by an automated market maker (AMM) model, Uniswap facilitates seamless and permissionless token swaps while offering users opportunities to provide liquidity and earn rewards.

Key Features:

• Automated Market Maker (AMM): Eliminates traditional order books, allowing users to trade directly against liquidity pools.
• Decentralized & Permissionless: No need for centralized authority approval—anyone can swap tokens or provide liquidity.
• Liquidity Pools & Yield Farming: Users can contribute funds to liquidity pools and earn a share of transaction fees as passive income.
• UNI Governance Token: Holders of UNI can participate in governance decisions, influencing protocol upgrades and fee structures.
• Low Slippage & Efficient Trading: V3 introduces concentrated liquidity, enabling tighter spreads and improved capital efficiency.
• Multi-Network Support: Available on Ethereum, Layer 2 solutions (Optimism, Arbitrum), and expanding to other blockchain ecosystems.
• Non-Custodial Security: Users retain full control of their funds without relying on third parties.