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Uniswap (UNI)
Uniswap (UNI), is a decentralized exchange (DEX), hosted on the Ethereum platform which facilitates peer-to-peer market making without reliance on centralized intermediaries.
Uniswap blockchain is publicly accessible and open source.
- Uniswap V2, launched in May 2020, introduced advancements such as direct token swaps, a decentralized price oracle, and flash swaps, enhancing efficiency and security.
- Uniswap V3 debuted In May 2021, featuring Concentrated Liquidity, allowing liquidity providers to concentrate funds within specified price ranges for optimized capital efficiency. V3 also introduced flexible fee structures and further improvements to the price oracle.
- Uniswap V4. launched in June 2023, represents a significant advancement in DeFi efficiency, offering Hooks and customizable liquidity pools. This innovation promises to reshape the DeFi landscape, empowering developers and users alike with unprecedented flexibility and creativity, potentially influencing future DeFi trends.