Uniswap (UNI) is one of the largest decentralized exchanges (DEX) by volume. Like all DEX's, there is no orderbook and users trade against a liquidity pool. Uniswap runs on the Ethereum blockchain, and utilizes an automated market maker (AMM) model allowing for quick, trustless swaps and retention of keys throughout the entire process. The platform uses the tradable UNI token for staking and rewards.
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