From Humble Beginnings to DeFi Giant: The Evolution of Uniswap

Uniswap’s journey from a small AMM experiment in 2018 to becoming the largest decentralized exchange (DEX) is a testament to innovation and community. Its constant upgrades, including V3’s concentrated liquidity, V4’s programmable Hooks, and UniswapX’s intent-based auctions, ensure its place at the forefront of DeFi evolution. Though facing challenges from competitors like Curve, Balancer, and CowSwap, Uniswap continues to lead in volume due to its user-friendly experience and commitment to decentralization.