Uniswap V3 Uniswap V3

Uniswap is a decentralized cryptocurrency exchange that uses contractual agreements to facilitate seamless exchanges between tokens on the Ethereum blockchain. A number of liquidity providers that facilitate the exchange of currencies on liquid markets pay Uniswap approximately $2-3 million per day in fees.
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Cryptocurrencies Fiat Currencies Payment Methods Payout Methods Fees
USDC
USDC
USDC
0.06%
$1.00
Wrapped Bitcoin
Wrapped Bitcoin
WBTC
4.97%
$97,845.05
Dai
Dai
DAI
0.05%
$1.00
1INCH
1INCH
1INCH
15.2%
$0.41
Frax
Frax
FRAX
0.24%
$1.00
Ethena
Ethena
ENA
31.3%
$1.17
Clearpool
Clearpool
CPOOL
12.22%
$0.44
Morpho
Morpho
MORPHO
20.94%
$2.60
Axelar
Axelar
AXL
17.45%
$0.78
Rollbit Coin
Rollbit Coin
RLB
12.35%
$0.13
Chainlink
Chainlink
LINK
13.39%
$23.75
XYO
XYO
XYO
20.09%
$0.02
Uniswap
Uniswap
UNI
18.53%
$13.89
Toncoin
Toncoin
TON
11.18%
$5.51
Ethereum Name Service
Ethereum Name Service
ENS
12.02%
$37.07
PayPal USD
PayPal USD
PYUSD
-0.08%
$1.00
First Digital USD
First Digital USD
FDUSD
0.33%
$1.00
Golem
Golem
GLM
12.73%
$0.37
Reserve Rights
Reserve Rights
RSR
20.35%
$0.01
Safe
Safe
SAFE
17.65%
$1.12
Pepe
Pepe
PEPE
23.29%
$0.0000190060
Render
Render
RENDER
18.28%
$7.73
Polygon Ecosystem Token
Polygon Ecosystem Token
POL
15.36%
$0.51
Bonk
Bonk
BONK
28.31%
$0.0000341819
Decentraland
Decentraland
MANA
16.19%
$0.50
Curve DAO Token
Curve DAO Token
CRV
19.4%
$0.89
Shiba Inu
Shiba Inu
SHIB
17.74%
$0.0000229684
Lido DAO
Lido DAO
LDO
17.22%
$1.78
Pendle
Pendle
PENDLE
22.25%
$5.46
eHEX (Ethereum)
eHEX (Ethereum)
EHEX
6.12%
$0.0049659612
Polygon
Polygon
MATIC
16.65%
$0.51
Fetch.AI
Fetch.AI
FET
14.54%
$1.43
Mask Network
Mask Network
MASK
15.97%
$3.19
Virtuals Protocol
Virtuals Protocol
VIRTUAL
23.96%
$2.98
WETH
WETH
WETH
7.56%
$3,447.07

Uniswap was established on 2 November 2018 by Hayden Adams, an engineer who previously held positions at Siemens.

Investments in Uniswap came from venture capital firms like Andreessen Horowitz, Paradigm Venture Capital, Union Square Ventures LLC, and ParaFi. They are dedicated to making software that reduces friction between buyers and sellers. As of October 2020, USD 220 million was Uniswap’s average daily trading volume. Uniswap is used by traders and investors as part of decentralized finance (DeFi).

A hacker failed to use a re-logging trick on Uniswap’s website in April 2020, causing it to be temporarily taken down.

Uniswap is a decentralized finance protocol used to exchange cryptocurrencies and tokens. It is provided over decentralized blockchain networks that run open-source software, instead of being run by a centralized third party. Coinbase, Binance and OKEx are some examples of centralized cryptocurrency exchanges.

Changes to the protocol are voted on by holders of the native cryptocurrency UNI and a governance token called UNI, and then implemented by a developer team. Coins called UNI coins were first distributed to the protocol’s early adopters. A UNI token (worth approximately $1,400 at that time) was awarded to every Ethereum address that interacted with Uniswap before 1 September 2020.

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