Uniswap is one of the leading decentralized exchanges (DEX) in DeFi. It is hard to imagine the DeFi world without Uniswap, given its prominence and status as one of the oldest protocols. Their V2 version with a constant automated market maker (AMM) is one of the first things that come to mind when thinking about the DeFi space. The simple and effective x * y = k formula was widely adopted by various projects to create liquidity pools with their own tokens. However, since Uniswap is built on Ethereum, transaction costs are extremely high, making trading on Uniswap more common for larger wallets. Show Less
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