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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Deeper liquidity. Better prices. MEV protection. Gas-free swapping. 💫

Early days of the UniswapX beta are looking strong, so we’re rolling it out to even more users 💪

And of course, you can always opt out and swap directly with v3 😉