Uniswap is a token used in the virtual currency exchange protocol (decentralized exchange) established on November 2, 2018 on the Ethereum blockchain.
Uniswap is an immediate transaction between individual traders at a fixed rate.
ERC-20 tokens issued by Ethereum and Ethereum can be used for trading.
Uniswap allows users to pool their funds and tokens so that they can receive swap fees when other users trade.
It serves as an open-source front-end interface for traders and liquidity providers, and is committed to providing a free decentralized asset exchange.
Like ETH/USDC and ETH/BAT, anyone can offer liquidity in the form of ETH/ERC20 token pairs, and new token pairs can be added if there are none.
The specification of Uniswap is unchangeable and no one can change the rules.
The specification of Uniswap is unchangeable and no one can change the rules. It is said that there are still doubts about whether Uniswap will have the same market share when competing services come out.
Uniswap gained a large market share by bringing AMM to DEX and solving the liquidity problem.
Uniswap lost its market share to SushiSwap, which imitated Uniswap for a while.
Uniswap is available for purchase on Binance.
Official website : https://uniswap.org/
Twitter : https://twitter.com/UniswapProtocol