Exchange Uniswap

Uniswap is a decentralized exchange (DEX) protocol launched in 2018 by Hayden Adams. It facilitates automated token trading on the Ethereum blockchain through liquidity pools. The platform operates without intermediaries, enabling seamless crypto transactions.

Up-to-date Uniswap news

• November 28, 2024: Uniswap reached a record $38 billion in monthly trading volume, driven by Ethereum Layer-2 solutions like Arbitrum and Base.
• November 24, 2024: Uniswap released a $15.5 million bug bounty program to enhance the security of its upcoming v4 version​.
• November 18, 2024: UNI token rose 12% in a day amid increased DeFi activity and ETH/BTC yield growth​.
• November 12, 2024: Uniswap became the sixth-largest protocol for fee generation, surpassing Maker and Tron​.
• November 5, 2024: Uniswap Labs introduced new wallet integration to expand multi-chain capabilities​.

Tokenomics of UNI

Uniswap’s UNI token, an ERC-20 token on the Ethereum blockchain, is designed to facilitate governance and incentivize participation in the protocol. UNI holders can vote on proposals that shape the network. The total supply of UNI is capped at 1 billion tokens, distributed over four years. Its primary applications include governance, liquidity incentives, and staking rewards within the decentralized exchange ecosystem.

Key features of Uniswap (UNI)

Uniswap is a pioneer in decentralized finance, offering unique features that distinguish it from traditional and centralized exchanges:

• Automated market-making: Allows trading without order books through smart contracts.
• Permissionless trading: Users can trade tokens directly without intermediaries.
• Support for Ethereum Layer-2: Enhanced scalability and reduced transaction costs with Arbitrum and Base.
• High liquidity flexibility: Liquidity providers can earn fees while managing risk exposure.

Uniswap's features empower users to trade seamlessly in a decentralized ecosystem.

Use cases for Uniswap

• Decentralized token swaps: Enables users to swap ERC-20 tokens directly.
• Liquidity provision: Users can earn trading fees by supplying liquidity.
• Governance participation: UNI holders can vote on protocol changes.
• Integration in DeFi applications: Facilitates lending, borrowing, and yield farming.

The average fees on the Uniswap Network

Uniswap transaction fees average 0.3% for most swaps, with additional Ethereum gas fees varying based on network congestion. On Layer-2 solutions like Arbitrum, gas fees are significantly lower, often below $1 per transaction.

The UNI token wallets

• MetaMask: A popular Ethereum wallet supporting UNI and DeFi integrations.
• Ledger Nano X: A hardware wallet providing offline storage for UNI.
• Trust Wallet: A mobile-friendly option with multi-chain capabilities.
• Coinbase Wallet: Integrates Uniswap for seamless trading directly within the app.
• Trezor Model T: Offers secure storage and compatibility with Uniswap.

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