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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How Decentralized Exchanges Are Demonstrating Their Resilience

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DEX usage is on the rise 📈

Why? In part, because of the options! Uniswap has 20x more tokens listed on CoinGecko than the leading CEXs 💫

Read @variantfund ’s new piece on the resiliency of DEXs ⤵️

DEX usage is on the rise. In part, because of the options.