Hassan Maishera
On Thursday, the Uniswap team announced via X that it has launched Trading Tools, new plugins that help builders explore and automate trading strategies.
Uniswap Trading Tools is a new plugin with three skills for building automated trading strategies with Uniswap. The skills are asset-agnostic, and they support both crypto-native tokens and real-world assets so your agent can build a strategy from a single prompt.
3 new skills for onchain trading:
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dca-bot: Buy a set amount of a token on a repeating schedule, with an optional price check before each buy.
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index-bot: Define a basket of tokens and target weights, buy it in one pass, and rebalance on a schedule.
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copy-trade: Follow another wallet and mirror its swaps, inside limits you set.
The toolkit also includes 11 skills for swapping, liquidity management, payments, and more. The skills are available for all chains Uniswap products support, including Robinhood Chain, Base, Arbitrum, Ethereum mainnet, and more.
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 $3.51, down 4,4% in the last 24 hours.
