Introduction Uniswap (UNI) is one of the most popular decentralized exchanges (DEX) in the cryptocurrency ecosystem. Built on the Ethereum blockchain, Uniswap allows users to trade cryptocurrencies directly with one another without relying on centralized intermediaries. Its innovative approach to liquidity pools and automated market-making has transformed the way crypto trading works.
What Is Uniswap Used For? Uniswap is primarily used for trading Ethereum-based tokens. It enables users to swap ERC-20 tokens directly, bypassing traditional order books.