Educational content only. This is not an endorsement of this platform. Always conduct your own research before using any crypto service.
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Uniswap
The leading decentralized exchange on Ethereum.
Decentralized ExchangeNon-Custodial
๐กWhat is it?
A decentralized exchange protocol running on Ethereum (and other EVM-compatible chains) that uses liquidity pools and an AMM model for token swaps.
๐ฏWhat is it used for?
Swapping ERC-20 tokens without a centralized intermediary, providing liquidity to earn trading fees, and accessing long-tail token markets.
๐คWho typically uses it?
DeFi users, liquidity providers, developers building on top of Uniswap's smart contracts.
๐งSupported Concepts
Token swapsLiquidity poolsAMMConcentrated liquidity (V3)Governance (UNI token)
๐ธEducational Fees Overview
0.01%, 0.05%, 0.3%, or 1% fee per swap depending on the pool tier. Fees go to liquidity providers. Protocol fees are controlled by UNI governance.
โ ๏ธ Important Risks to Understand
- Smart contract risk
- Impermanent loss for liquidity providers
- Front-running and MEV
- Token scams are common โ always verify token contract addresses
Official Website
https://uniswap.org
