Best DEX
U

Uniswap

AMM

The largest decentralized exchange by volume

Launch App
Total Value Locked
$5.2B
24h Volume
$890.0M
Swap Fee
0.30%
Chains Supported
6

About Uniswap

Uniswap is the pioneering automated market maker (AMM) that revolutionized decentralized trading. Launched in November 2018 by Hayden Adams, it introduced the constant product formula (x*y=k) that became the industry standard for DEXs. Uniswap V2 added ERC-20 to ERC-20 swaps and flash swaps, while V3 introduced concentrated liquidity, allowing LPs to allocate capital within specific price ranges for dramatically improved efficiency. With over $5 billion in TVL and support across Ethereum, Polygon, Arbitrum, Optimism, Base, and BNB Chain, Uniswap processes more volume than any other DEX and remains the most widely used protocol in DeFi.

Supported Blockchains

Features

Concentrated Liquidity (V3)
Multiple Fee Tiers
Permissionless Listings
UNI Governance Token
NFT Liquidity Positions
Multi-chain Support

Pros & Cons

Pros

  • Highest liquidity for most tokens
  • Battle-tested security since 2018
  • Available on 6+ blockchains
  • Concentrated liquidity for better capital efficiency

Cons

  • High gas fees on Ethereum mainnet
  • Complex V3 LP management
  • No native limit orders

Fee Structure

Swap Fee 0.30%
Maker Fee Free
Taker Fee 0.30%

Security & Info

Audited Yes
Auditors
Trail of Bits ABDK OpenZeppelin
Governance UNI
Launch Date November 2, 2018

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