Nikolas Sargeant
On Monday, the Uniswap team announced via X that Uniswap will launch on Arc, a platform designed for financial applications, stablecoin flows, and Artificial Intelligence (AI)-powered models.
The integration ensures that Arc users have access to swap infrastructure backed by over $4.4 trillion in all-time trading volume, along with an Application Programming Interface (API).
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 $2.35, up 16.3% in the last 24 hours.
