Hassan Maishera
On Thursday, the Uniswap team announced via a blog post that they have introduced g Launches (in beta), a new tab in the Uniswap Web App where users can discover top Uniswap token launches.
Many launchpad builders like Bankr, Pons, Long, and more are choosing Uniswap as their trading infrastructure. Launches create distribution for projects building on Uniswap, aggregating them together in one place.
The tab pulls tokens from the top launchpads into a single feed. Users can filter by launchpad or sort by 24-hour volume, liquidity, recently launched, or trending.
Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. No order book or centralized party is required to make trades.
Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.
An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.
Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.
Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems that plagued the first decentralized exchanges.
UNI, the native token of Uniswap, is currently trading at $4.40, up 9.6% in the last 24 hours.
