What Is Uniswap? A Complete Guide to the Decentralized Exchange

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens. An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading. Uniswap now serves as critical infrastructure for decentralized finance, empowering developers, traders, and liquidity providers to participate in a secure and robust financial marketplace.

In this article, you will learn:

  • What is Uniswap and how does it work?
  • What are the benefits and risks of using Uniswap?
  • How to use Uniswap to swap, provide liquidity, and stake tokens?

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