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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Top Crypto Protocols of 2023

• Uniswap dominated Ethereum blockspace with 43M transactions, utilizing 7.4T gas; 4.5x more  than #2
•USDT the top ERC20 with 33.6M sends from 6.2M unique addresses
•1inch the most used aggregator
•New 2023 entrant Banana Gun made 1.5M swaps

Top Crypto Protocols of 2023. • Uniswap dominated Ethereum blockspace with 43M transactions, utilizing 7. 4T gas.