Uniswap
Leading decentralised exchange protocol for swapping tokens on Ethereum and L2s
About Uniswap
Uniswap is an open-source automated market maker where users swap tokens directly from their wallet, and liquidity providers earn fees. Interfaces include a web app, a mobile wallet and an extension, with no account or KYC at the protocol level.
Pros
- Non-custodial
- Permissionless token listing
- Open-source
Cons
- Gas costs
- Scam tokens are common
- Requires wallet knowledge
Tags
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