[21/05, 3:08 pm] Meta AI: Here are some key details about Uniswap ¹ ² ³ ⁴:

*What is Uniswap?*

- Uniswap is a decentralized trading protocol that allows for automated trading of decentralized finance (DeFi) tokens.

- It was launched in November 2018 but gained popularity in 2020 due to the DeFi phenomenon and the associated surge in token trading.

*Key Features*

- Uniswap aims to keep token trading automated and open to anyone who holds tokens, while improving the efficiency of trading versus traditional exchanges.

- It creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems that plagued the first decentralized exchanges.

- In September 2020, Uniswap created and awarded its governance token, UNI, to past users of the protocol, adding both profitability potential and the ability for users to shape its future.

*Price*

- The current price of Uniswap is $9.28.

- The price has changed by 19.58% over the past 24 hours.

- The recent price action in Uniswap left the tokens market capitalization at $7.00B.

- So far this year, Uniswap has a change of 29.11%.

*Other Details*

- Uniswap is classified as a DeFi under CoinDesk's Digital Asset Classification Standard (DACS).

- Uniswap (UNI) is the native token of the Uniswap decentralized exchange, a liquidity provider for the trading of tokens on the wider Ethereum network, also known as ERC-20 tokens.

- Uniswap is a DeFi under CoinDesk's Digital Asset Classification Standard (DACS).

- The Uniswap protocol is designed to be fully decentralized, using a trading model known as an automated liquidity protocol.

- That method gives users incentives to provide liquidity, which guarantees a liquidity pool, ensuring trades can be executed instantly at a known price.