Concept

Uniswap

Uniswap is a decentralized cryptocurrency exchange that uses a set of smart contracts (liquidity pools) to execute trades on its exchange. It's an open source project and falls into the category of a DeFi product (Decentralized finance) because it uses smart contracts to facilitate trades. The protocol facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contracts. , Uniswap was estimated to be the largest decentralized exchange and the fourth-largest cryptocurrency exchange overall by daily trading volume. Uniswap was created on November 2, 2018 by Hayden Adams, a former mechanical engineer at Siemens. The Uniswap company received investments from business angel Ric Burton and venture capital firms, including Andreessen Horowitz, Paradigm Venture Capital, Union Square Ventures LLC and ParaFi. Uniswap’s average daily trading volume was US $220 million in October 2020. Traders and investors have utilized Uniswap because of its usage in decentralized finance (DeFi). Uniswap is a decentralized finance protocol that is used to exchange cryptocurrencies and tokens; it is provided on blockchain networks that run open-source software. This is in contrast to cryptocurrency exchanges that are run by centralized companies. Changes to the protocol are voted on by the owners of a native cryptocurrency and governance token called UNI, and then implemented by a team of developers. UNI coins were initially distributed to early users of the protocol. Each Ethereum address that had interacted with Uniswap prior to September 1, 2020 received the ability to claim 400 UNI tokens (worth approximately$ 1,400 at the time). The market capitalization for the UNI token is over USD 6.6 billion as of February 2022. Uniswap uses liquidity pools to fulfill orders instead of relying on a market maker, with an aim to create more efficient markets. Individuals and bots—termed "liquidity providers"—provide liquidity to the exchange by adding a pair of tokens to a smart contract which can be bought and sold by other users according to the constant-product rule .

Official source

https://en.wikipedia.org/wiki/Uniswap

About this result

This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.

Graph Chat

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.

Official source

https://en.wikipedia.org/wiki/Uniswap

About this result

Related courses (1)

CS-234: Technologies for democratic society

This course will offer students a broad but hands-on introduction to technologies of human self-organization. ...

Related lectures (18)

Bitcoin and Ethereum: Scripting and Gas

Explores Bitcoin scripting, Ethereum gas, smart contracts, limitations, and common uses.

Technologies for Democratic Society

Explores blockchain, smart contracts, decentralized governance, and the challenges faced by technologies like DAOs.

DLT: Real-World Applications

Delves into the real-world applications of Distributed Ledger Technologies in various sectors, showcasing examples like border control systems and supply chain monitoring.

Related publications (4)

Designing for Fair Oracle Extractable Value: A Theoretical Framework and Empirical Findings from DeFi

This paper studies Oracle Extractable Value (OEV) as a distinct channel of rent and risk in decentralized finance (DeFi). Using granular data on liquidations from Aave V2 and V3 across Ethereum and major rollups (2023–2025), we document that OEV is large, heavy-tailed, and increasingly captured by vertically integrated builder–searcher coalitions, especially during periods of market stress. We then introduce a stylized model of Oracle Update Rebate Window (OURW), an oracle mechanism that seeks to redirect a

Springer Nature2026

Democratic Value and Money for Decentralized Digital Society

Classical monetary systems regularly subject the most vulnerable majority of the world's population to debilitating financial shocks, and have manifestly allowed uncontrolled global inequality over the long term. Given these basic failures, how can we avoid asking whether mainstream macroeconomic principles are actually compatible with democratic principles such as equality or the protection of human rights and dignity? This idea paper takes a constructive look at this question, by exploring how alternate m

2020

LocalCoin: An ad-hoc payment scheme for areas with high connectivity: poster.

The popularity of digital currencies, especially cryptocurrencies, has been continuously growing since the appearance of Bitcoin. Bitcoin is a peer-to-peer (P2P) cryptocurrency protocol enabling transactions between individuals without the need of a trusted authority. Its network is formed from resources contributed by individuals known as miners. Users of Bitcoin currency create transactions that are stored in a specialised data structure called a block chain. Bitcoin's security lies in a proof-of-work sch

ACM2016

Related people (2)

Amin Kaboli

Dr. Amin Kaboli is an external lecturer for at the Mechanical Engineering Section at EPFL and teaches Production Management (ME-419), Continuous Improvement (ME-498) to graduate students and Digital Supply Chain, Innovation and Digitization, and Sustainable Change Leadership to business executives and managers at International Institute for the Management of Logistics and Supply Chain (IML). Amin supports many organizations ranging from Fortune 500 corporations to entrepreneurial firms and industries as diverse as Watch, Consumer Goods, Food and Beverage, MedTech, and Pharma. He obtained his Ph.D. in Manufacturing Systems & Robotics, specialized in Supply Chain Management from EPFL. You can watch his TEDx talk on “Leading Change Consciously” here. TEDx talk here.

Serge Vaudenay

Serge Vaudenay entered at the Ecole Normale Supérieure in 1989 with a major in mathematics. He earned his agrégation (secondary teaching degree) in mathematics in 1992, then a PhD in Computer Science at the University of Paris 7 - Denis Diderot in 1995. He subsequently became a senior research fellow at the CNRS, prior to being granted his habilitation à diriger des recherches (a postdoctoral degree authorizing the recipient to supervise doctoral students). In 1999, he was appointed as a Professor at the EPFL, where he created the Security and Cryptography Laboratory.

Related concepts (3)

Decentralized autonomous organization

A decentralized autonomous organization (DAO), sometimes called a decentralized autonomous corporation (DAC), is an organization managed in whole or in part by decentralized computer program, with voting and finances handled through a blockchain. In general terms, DAOs are member-owned communities without centralized leadership. The precise legal status of this type of business organization is unclear. A well-known example, intended for venture capital funding, was The DAO, which amassed 3.

Decentralized finance

Decentralized finance (often stylized as DeFi) offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a blockchain, mainly Ethereum. DeFi platforms allow people to lend or borrow funds from others, speculate on price movements on assets using derivatives, trade cryptocurrencies, insure against risks, and earn interest in savings-like accounts. DeFi uses a layered architecture and highly composable building blocks.

Decentralized application

A decentralised application (DApp, dApp, Dapp, or dapp) is an application that can operate autonomously, typically through the use of smart contracts, that run on a decentralized computing, blockchain or other distributed ledger system. Like traditional applications, DApps provide some function or utility to its users. However, unlike traditional applications, DApps operate without human intervention and are not owned by any one entity, rather DApps distribute tokens that represent ownership.