5 things I learnt about Uniswap

By cryotosensei | CryptoSensei | 3 Sep 2023

• ⁠Uniswap is the world’s largest decentralised exchange. People use it to buy coins that are not available on CEXes yet.

• ⁠It’s the OG. It developed smart contracts (v2 and v3) and interfaces and got them audited and made them open source. So most other DEXes like SushiSwap are copies of UniSwap

• ⁠Did an airdrop of $UNI on to more than 250k addresses that have previously used the protocol on 17/09/2020. This cemented its popularity

• ⁠You can swap the PLU you get from the Plutus rewards card to ETH or USDT on Uniswap

• ⁠Its quarterly spot volume ($155B worth of trades) exceeded Coinbase’s spot volume in Q1 2023 ($145B worth of trades)

Can’t wait to use Uniswap with my upcoming Donuts 🍩 from r/ethtrader

Uniswap

How do you rate this article?

cryotosensei

budding investor

CryptoSensei

chronicles of an English teacher

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.