Hassan Maishera
On Wednesday, the Uniswap team announced via X that Uniswap v2, v3, v4, and UniswapX are live on Robinhood Chain, a Layer 2 built by Robinhood Crypto.
Uniswap serves as the primary public AMM on Robinhood Chain, with support on the Uniswap Web App, Wallet, and API available from day one. The uniswap-trading-tools AI plugin, which will include three new skills, is coming soon.
With this launch, users can now swap, provide liquidity, buy stock tokens, program AI agents, and explore Robinhood Chain with Uniswap.
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 $2.79, up 0.03% in the last 24 hours.
