Uniswap is a decentralized finance (DeFi) protocol that facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contracts. As a leading decentralized exchange (DEX), Uniswap is known for its role in enabling liquidity provision and trading without the need for a centralized party or intermediary. Users can swap tokens, provide liquidity to earn fees, and participate in the governance of the protocol through its native token, UNI.

A cornerstone of the DeFi movement, Uniswap has significantly impacted how users interact with cryptocurrency markets, promoting decentralization and accessibility.

“Just swapped some tokens on Uniswap for the first time. The process was surprisingly smooth, and no middlemen involved. This is what crypto is all about!”