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What is uniswap (Uni)?

A Complete Beginner’s Guide Uniswap is an automated ethereum-based crypto exchange with its own governance token, UNI. Uniswap is a leading decentralized crypto exchange that runs on the Ethereum blockchain. The vast majority of crypto trading takes place on centralized exchanges such as Coinbase and Binance.

What is a swap & how does it work?

One of the primary functions of swaps is the hedging of risks. For example, interest rate swaps can hedge against interest rate fluctuations, and currency swaps are used to hedge against currency exchange rate fluctuations. Companies can use swaps as a tool for accessing previously unavailable markets.

What is uniswaps native token?

Uniswaps native token, UNI, is known as a governance token. This gives holders the right to vote on new developments and changes to the platform, including how minted tokens should be distributed to the community and developers as well as any changes to fee structures.

What cryptocurrencies are available on uniswap?

There are currently hundreds of tokens available on Uniswap, and some of the most popular trading pairs are stablecoins like USDC and Wrapped Bitcoin (WBTC). Some of the potential advantages of decentralized exchanges like Uniswap include:

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