The Uniswap team announced via X on Wednesday that the limit order feature is now live on the Uniswap web app. This means that users can now buy and sell any token at their price, on their terms, without having to watch the market. Limit Orders on Uniswap cost zero gas and can be placed for any swap size, the team added.
Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. There is no order book or any centralized party required to make trades. UNI, the native token of Uniswap, is currently trading at $11.087, down by less than 1% in the last 24 hours.