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Uniswap

Uniswap permite a los desarrolladores, proveedores de liquidez y comerciantes participar en un mercado financiero abierto y accesible para todos.

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Uniswap

Uniswap

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5M
15M
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UNI Statistics

Uniswap Price

$
-1.28%

Trading Volume 24h

$1,550,000,000

Volume / Market Cap

0.164

Total Value Locked (TVL)

$6,350,000,000

Pairs with UNI on 1inch

$10M

Uniswap liquidity

350 min

Routed through Uniswap

1,456

Swap via Uniswap

Información

uniswap.about.blocks.0.title1

What is Uniswap?

Uniswap is one of the largest and most widely-used decentralized exchanges (DEXs) operating on the Ethereum blockchain. As a decentralized platform, it allows users to trade ERC-20 tokens without the need for intermediaries. Instead of relying on traditional order books, Uniswap employs an automated market maker (AMM) model, providing an efficient and decentralized way for users to trade, supply liquidity and participate in the governance of the platform through the UNI governance token. Uniswap has become a key player in the DeFi ecosystem and continues to innovate with the release of Uniswap V3 in 2021, which introduced several major improvements over its predecessor, Uniswap V2.

How Uniswap works

Uniswap's AMM system relies on liquidity pools rather than traditional order books. Users called liquidity providers (LPs) deposit tokens into a liquidity pool, and in return, they receive LP tokens representing their share of the pool. These pools enable decentralized trading by automatically adjusting token prices based on supply and demand.

Released in 2020, Uniswap V2 introduced several enhancements over the original protocol:

  • Direct ERC-20 token swaps: V2 allowed users to trade directly between any two ERC-20 tokens, without routing trades through ETH.
  • Flash swaps: flash swaps let users withdraw assets and only pay for them at the end of the transaction, allowing for more advanced DeFi strategies.
  • Improved oracles: V2 improved on-chain price feeds to increase reliability and accuracy, making them more resistant to manipulation.

Uniswap V2 remains popular and functional, especially for less active liquidity pools, but V3 now handles the majority of volume due to its more advanced features.

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Integrated protocols

FAQ

What is liquidity aggregation?

Liquidity aggregation combines liquidity from multiple sources to give users access to the best rates and minimal slippage during token swaps – all within a single place. By tapping into liquidity across the entire market, 1inch simplifies the swapping process, saving users time and effort. This efficient, decentralized approach enhances the swapping experience in a self-custodial environment.

Why is DEX aggregation important?

DEX aggregation is crucial because it enables users to access competitive prices and optimal liquidity across multiple decentralized exchanges through a single interface. Since different DEXes may offer varying prices for the same asset, DEX aggregation eliminates the need for manual comparison, ensuring users get the best possible rates. Additionally, swaps can be split across different protocols and market depths, optimizing both swap prices and gas usage. With 1inch, users enjoy a seamless experience that consistently delivers top-tier rates and efficiency.

What is Uniswap used for?

Uniswap is one of the largest decentralized exchanges on the Ethereum blockchain, allowing users to trade ERC-20 tokens without intermediaries. It uses an automated market maker (AMM) model, which enables efficient trading and liquidity provision. Users can also participate in platform governance through the UNI token. Uniswap introduced Uniswap V3, which offers advanced features like concentrated liquidity, making trading and liquidity provision even more efficient and flexible.

What is the difference between Uniswap and SushiSwap?

Uniswap and SushiSwap are both DEXes using an AMM model, allowing users to trade tokens without intermediaries. Uniswap, launched in 2018, is known for pioneering the AMM model and remains one of the largest DEXes. SushiSwap, a fork of Uniswap created in 2020, introduced unique features like yield farming and staking to attract users and provide additional financial opportunities.