Uniswap is a decentralized cryptocurrency exchange protocol built on the Ethereum blockchain. It enables permissionless trading of Ethereum-based tokens without an order book or intermediary
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Uniswap is a decentralized cryptocurrency exchange protocol built on the Ethereum blockchain. It enables permissionless trading of Ethereum-based tokens without an order book or intermediary, using an automated market-making system. Uniswap's liquidity is provided by user deposits, and fees are distributed to liquidity providers proportional to their contribution.
