Uniswap - 𝑬xchange - Ȗniswap WALLET - GitBook

Uniswap, a decentralized exchange protocol built on the Ethereum blockchain, is a major player in the DeFi space, and it's not hard to see why.

Uniswap Exchange: Revolutionizing Decentralized Finance

Decentralized finance (DeFi) has been making waves in the financial world, with more and more people opting for a borderless, open, and transparent financial system. Uniswap, a decentralized exchange protocol built on the Ethereum blockchain, is a major player in the DeFi space, and it's not hard to see why.

Uniswap was founded in 2018 by Hayden Adams, a software developer who saw the potential for a new type of exchange that didn't rely on centralized intermediaries. Uniswap's unique automated market maker (AMM) system allows users to trade Ethereum-based tokens without an order book or a central party to facilitate trades. Instead, users can exchange tokens by contributing liquidity to smart contracts, which are programmed to execute trades at predetermined prices based on the amount of tokens in each pool.