What is Uniswap?

Uniswap is the world's largest decentralized exchange. The protocol uses smart contracts on Ethereum to facilitate the trading of ERC-20 tokens. The DEX's native governance token, UNI, complies with the ERC-20 standard and is one of the most valuable DeFi tokens. Launched in late 2018 by Hayden Adams, Uniswap has been upgrading with the latest version, Uniswap v3, supporting concentrated liquidity tagging high capital efficiency for liquidity providers. Uniswap is secure and dependent on audited smart contracts, allowing projects to access immediate liquidity without paying listing fees. Uniswap has also been deployed on layer-2, Optimism, for cheaper transaction fees and higher scalability.

Why Trade UNI With CryptoAltum?

Uniswap's governance token, UNI, is critical in voting for proposals that could affect token emissions and how the DEX operates. The token is also one of the most liquid and in the top-20 market cap leaderboard. CryptoAltum has listed UNI, allowing traders to initiate long or short positions depending on market liquidity. UNI will be paired with other equally liquid assets like ETH and BTC and traded with up to 50X leverage.