Uniswap is a decentralized finance protocol used for exchanging cryptocurrencies. It operates on blockchain networks using open-source software.

Uniswap utilizes an automated market maker system, replacing traditional order books with liquidity pools. This allows users to swap digital assets efficiently. The protocol's governance is overseen by UNI token holders.

The protocol has evolved through multiple versions, with Uniswap v3 introducing concentrated liquidity, enhancing efficiency and trading possibilities. Uniswap Labs, a separate entity, develops products on top of the protocol. uniswap is tagged under Decentralized Finance.

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