A Detailed Beginner's Guide to Uniswap? Will UNI Survive the Bear Market?

Uniswap is also completely open source, which means anyone can copy the code to create their own decentralized exchanges. It even allows users to list tokens on the exchange for free. Normal centralized exchanges are profit-driven and charge very high fees to list new coins, so this alone is a notable difference.

Because Uniswap is a decentralized exchange (DEX), it also means users maintain control of their funds at all times as opposed to a centralized exchange that requires traders to give up control of their private keys so that orders can be logged on an internal database rather than be executed on a blockchain, which is more time consuming and expensive.

By retaining control of private keys, it eliminates the risk of losing assets if the exchange is ever hacked. According to the latest figures, Uniswap is currently the fourth-largest decentralized finance (DeFi) platform and has over $7 billion worth of crypto assets locked away on its protocol.

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Time Stamps

00:00 Intro
00:29 What is Uniswap and how does it work
02:57 Uniswap Demo
04:50 How to pick a Uniswap Pool
05:40 Summary of overview of Uniswap
06:29 Growth metrics on Defi Lama
07:14 Treasury overview
07:50 Uniswap Revenue
08:20 UNI Tokenomics
08:45 Closing Thoughts

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