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).

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Auto slippage doesn’t just prevent transactions from failing

It saves money too

New independent research shows Uniswap’s new auto slippage reduces losses on swaps by 90% 🤯

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Auto slippage doesn't just prevent transactions from failing. It saves money too.