The Uniswap team announced via X on Wednesday that limit orders are now live on the Uniswap Web App. Limit Orders cost ost zero gas, available for any token on the Uniswap interface, and uses onchain and offchain liquidity for better prices.
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 $7.041, down by 2% in the last 24 hours.