Uniswap

About Uniswap

Uniswap (UNI) is a decentralized exchange protocol built on the Ethereum blockchain that enables users to swap ERC-20 tokens without a traditional order book. It pioneered the Automated Market Maker model, using liquidity pools and a mathematical pricing formula to facilitate permissionless trading. UNI serves as the protocol's governance token, allowing holders to vote on key decisions including treasury allocation and protocol upgrades. As one of the most influential projects in decentralized finance, Uniswap helped establish the foundation for the broader DeFi ecosystem and remains a central hub for on-chain token trading.