There isn't a whole lot to say about Uniswap. It's one of the biggest and most reliable exchanges on the Ethereum network. Over $20 billion in transactions have been executed on the platform since it launched in 2020. On top of that, over 8,000 unique assets have been traded over that time.
So the benefits and success of Uniswap are clear. If I was going to nitpick, there are a couple of negatives that I don't like.
The first downside is that it's on the Ethereum network. But in this case, it's a minor consideration because even though I don't like Ethereum, Uniswap provides a key service on the platform.
Another downside is that 40% of the UNI token was allocated to insiders at genesis. So as much as they want to make it out to be a decentralized platform, the reality is that it's pretty centralized. This is similar to Ethereum itself, where a big chunk of the coin was allocated to insiders.
But the downsides don't really matter too much in this case. I'm judging the platform on its utility and reliability. Show Less
1
