Uniswap
As one of the earliest and largest decentralized exchanges built on Ethereum, Uniswap pioneered the automated market maker model that other decentralized exchanges rely on. Rather than utilizing order books, Uniswap consolidates liquidity via pools funded beforehand and by users (LPs). Initially introduced in 2018 by CEO Hayden Adams, Uniswap’s ecosystem has now grown to encompass applications like stablecoins, governance frameworks, and analytics tools.
