Your complete guide to Uniswap — the world's most popular decentralized exchange. Swap any token, provide liquidity, and earn fees in a fully permissionless and trustless environment.
Uniswap is a decentralized exchange (DEX) protocol built on Ethereum that allows users to trade ERC-20 tokens directly from their wallets. It uses an automated market maker (AMM) model with liquidity pools instead of traditional order books.
Uniswap pioneered the constant product formula (x*y=k) and has become the most widely used DEX, with billions in daily volume. It powers the entire DeFi ecosystem and has inspired countless other projects.
Swap tokens in minutes. All you need is a Web3 wallet like MetaMask, WalletConnect, or Coinbase Wallet.
Visit the Uniswap app and connect your wallet. Choose the network (Ethereum, Polygon, Arbitrum, etc.)
Pick the token you want to swap (from) and the token you want to receive (to). Uniswap supports thousands of tokens.
Check the rate, price impact, and slippage. Adjust slippage tolerance if needed.
Approve the token if it's your first time, then confirm the swap in your wallet. Done!
Uniswap has revolutionized decentralized trading with its innovative AMM model and a vibrant ecosystem.
Pioneering AMM technology that allows anyone to create liquidity pools and trade without order books.
Uniswap v3 introduces concentrated liquidity, allowing LPs to provide liquidity within custom price ranges for higher capital efficiency.
Choose from 0.05%, 0.30%, and 1% fee tiers, enabling LPs to optimize for volatility and volume.
You always control your funds; Uniswap never holds your assets. All trades are executed via smart contracts.
Uniswap is live on Ethereum, Polygon, Arbitrum, Optimism, Base, BSC, Avalanche, and more.
UNI token holders can propose and vote on protocol upgrades, fee structures, and treasury management.
Understand the advantages and potential drawbacks of using Uniswap.
Quick answers to the most common queries about Uniswap.