Uniswap is an open source decentralized exchange protocol built on the Ethereum blockchain and operating under the management of smart contracts. Uniswap leaves behind the traditional architecture of the digital exchange, since there is no order book. The protocol works with the design of Constant Product Market Maker, which is a variant of the model called Automated Market Maker (AMM).

Uniswap news today, UNI crypto latest news of token ticker

Uniswap

1/ Transparency is one of the core tenets of DeFi 🪞

Everything happens onchain.

All transactions are recorded in a public ledger and can be verified by anyone—something that cannot be done in traditional finance.

1/ Transparency is one of the core tenets of DeFi. Everything happens onchain.