57:["$","div",null,{"className":"container tool-body","children":[["$","div",null,{"className":"prose","children":[[["$","div","What it is",{"className":"sec","children":[["$","h2",null,{"children":"What it is"}],["$","div",null,{"dangerouslySetInnerHTML":{"__html":"

Uniswap is a decentralized exchange (DEX) built on Ethereum that allows users to swap tokens directly from their wallet without intermediaries.

It introduced the Automated Market Maker (AMM) model, replacing traditional order books with liquidity pools.

Uniswap is widely used for:

Token swaps
Providing liquidity
Yield farming strategies
Early access to DeFi tokens

No account or KYC is required.

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Connect wallet (MetaMask, Rabby, etc.)
Select token pair
Approve token spending
Confirm swap
Transaction executed on-chain

Liquidity providers deposit token pairs into pools and earn fees from swaps.

Pricing follows a mathematical formula (constant product model).

All transactions are recorded on-chain

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Use Uniswap when you:

Swap ERC-20 tokens
Trade DeFi tokens
Provide liquidity
Avoid centralized exchanges
Farm new tokens early

Not ideal if you:

Need fiat on-ramp
Trade with leverage
Are unfamiliar with wallet management

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Uniswap

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