As we all know by now, Uniswap is a decentralized exchange that had quite a meteoric rise. July 31, 2020, saw Uniswap doing a $126m volume in only 24 hours. This is 1/2 of Kraken, and only 1/3 of Coinbase.
Uniswap gives permisionless possibility to people launching their own crypto projects with the ETH token. It allows projects to get listed on their exchange (without any permission), provide liquidity for swaps, thus, helping them get into the world of crypto for free.
This also gives retailers an excellent opportunity to buy projects early on and get an excellent return on investments, but then enters scammers!
The leading DeFi decentralized exchange, Uniswap has crossed $2B in total value locked (TVL).
As per the data shown on DeFi Pulse and Etherscan, Uniswap clocked a record figure of over $2.06 billion worth of crypto assets locked in on Monday.
This clearly proves that there is now more value in Uniswap than what is there in the entire DeFi space – that’s what we call a neck-breaking growth.
Although Uniswap has its own benefits, the process of trading comes with a host of complexities. BlockBanc aims to make the entire process simpler.
Now you can trade on the Uniswap portal right from the BlockBanc app. No need to jump from app to app. Here’s how you do it in a few simple steps.
Uniswap is a fully decentralized protocol for automated liquidity provision on Ethereum. Uniswap empowers developers, liquidity providers, and traders to participate in a financial marketplace that is open and accessible to all.
Although Uniswap has its own benefits, the process of trading comes with a host of complexities. Here’s how BlockBanc can make the Uniswap trading process simple. Read more