2026-01-05 19:31:32

Uniswap operates as a decentralized exchange protocol built directly on the Ethereum blockchain. This architecture enables peer-to-peer token trading through smart contracts without requiring a centralized intermediary. Users interact with liquidity pools on Ethereum's network, making Uniswap a cornerstone DeFi application in the Web3 ecosystem.

ETH-3,31%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

17 Likes

Reward
17
6
Repost
Share

Comment

0/400

SignatureLiquidator

· 18h ago

I've been playing this Uni logic for three years. When it was about liquidity mining, I was making crazy profits. Now? Uh... slippage has driven me to question my life.

View OriginalReply0

0xInsomnia

· 01-05 19:58

Uniswap's logic is truly excellent. Decentralized trading should be done this way, much more transparent than centralized exchanges.

View OriginalReply0

TokenUnlocker

· 01-05 19:57

Uniswap's mechanism is indeed sufficiently decentralized, but slippage has always been my pain point.

View OriginalReply0

UnluckyMiner

· 01-05 19:50

Uniswap is indeed the cornerstone of DeFi, but with such high gas fees and having to wait in line, it's really exhausting.

View OriginalReply0

CryptoTarotReader

· 01-05 19:49

Uniswap still relies on liquidity pools to survive. Without anyone providing liquidity, it can't operate.

View OriginalReply0

DataOnlooker

· 01-05 19:44

Uniswap is basically about removing intermediaries, relying on smart contracts for automated trading. It sounds awesome, but the transaction fees are still ridiculously high.

View OriginalReply0