Website: uniswap.org

Uniswap is a pioneering decentralized exchange (DEX) built on the Ethereum blockchain, launched in 2018 by Hayden Adams. It allows users to trade ERC-20 tokens directly from their wallets, eliminating the need for centralized intermediaries. Uniswap utilizes an automated market maker (AMM) model, where liquidity pools are created for each token pair, enabling seamless token swaps. Users can provide liquidity to these pools and earn a share of the trading fees. The platform has undergone several upgrades, with Uniswap V3 introducing features like concentrated liquidity and multiple fee tiers, enhancing capital efficiency and flexibility for liquidity providers. Uniswap’s governance is facilitated through its native token, UNI, allowing holders to participate in decision-making processes regarding the platform’s future developments.