Uniswap on the Arbitrum network is approaching $150 billion in total exchange volume.
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Kovman
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Uniswap (UNI): Let's Understand With 5W1K Technique
Who? Uniswap is a decentralized exchange (DEX) protocol. DEXs, unlike traditional stock exchanges, enable asset exchanges without the need for brokerage firms. Asset swapping on Uniswap takes place through liquidity pools. What? Uniswap is a platform that allows users to directly exchange Ethereum-based assets (ERC-20 tokens). The platform facilitates swaps using automatic liquidity pools and a fixed product formula.
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