Uniswap (UNI) is an Ethereum token that powers Uniswap, an automated liquidity provider that’s designed to make it easy to exchange Ethereum (ERC-20) tokens.
Read moreWhat blockchain does Uniswap run on?
Uniswap is a liquidity protocol running on the Ethereum blockchain which allows for decentralized token swaps. Its logo, a unicorn, is a reminder of the magic that this truly innovative protocol brought to the DeFi space.
Read moreWhat exchange is DEX?
Decentralized crypto exchanges (DEXs) are blockchain-based apps that coordinate large-scale trading of crypto assets between many users. They do that entirely through automated algorithms, instead of the conventional approach of acting as financial intermediary between buyers and sellers.11 Şub 2022
Read moreWhat is the difference between DEX and CEX?
In brief, DEXs aim to offer lower transaction fees, let users directly hold their own assets and avoid some regulatory burdens. On the other hand, they face the cost of compensating their liquidity providers for a special kind of risk called “impermanent loss.” CEXs offer their own advantages too.
Read moreWhat are DEX trades?
A decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders . DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary.
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