Uniswap News & Analysis Today

Uniswap is a decentralized protocol for cryptocurrency trading based on smart contracts. It operates on the Ethereum network and is among the top five DeFi applications by total value locked. Uniswap was the first project to implement an automated market maker and liquidity pools. The creator of the Uniswap protocol is Hayden Adams. In the summer of 2017, he left Siemens, where he had worked as a mechanical engineer after graduating from college. On the advice of his friend Karl Floersch, who was then working at the Ethereum Foundation, Adams began learning smart contract development. The Uniswap protocol includes a series of smart contracts that allow any user to trade directly with one another on the Ethereum blockchain. Technically, it is a decentralized exchange (DEX).