Uniswap is a decentralized finance protocol that is used to exchange cryptocurrencies. Uniswap is also the name of the company that initially built the Uniswap protocol. The protocol facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contracts. As of October 2020, Uniswap was estimated to be the largest decentralized exchange and the fourth-largest cryptocurrency exchange overall by daily trading volume. In March 2021, Uniswap was generating fees of approximately US$2–3 million daily for the liquidity providers who facilitate liquid markets for the cryptocurrencies being exchanged. See the list of Uniswap top competitors below:
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Uniswap vs pancakeswap
Uniswap vs sushiwap
Uniswap vs coinbase
Uniswap v2 vs v3
Uniswap approve vs swap
Uniswap vs metamask
Uniswap vs dydx
Uniswap vs solana
Uniswap vs binance
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