logo
logo
AI Products 

DEX like uniswap: an automated liquidity pool

avatar
angela cassan
DEX like uniswap: an automated liquidity pool

What is Uniswap? 

Uniswap is one of its kind. It is a decentralized exchange protocol space developed by Hayden Adams. He designed it while keeping in mind the swapping mechanism between ERC20 to ETH tokens and vice versa. It can be noticed that Adam's inspiration for Uniswap results from the market maker equation, X * Y = K. 

 

A decentralized exchange like uniswap

Decentralized exchanges like Uniswap are embedded with a Uniswap platform's solutions. It can be used in procuring DeFi based exchanges (on-chain process) like Uniswap on Ethereum blockchain.  

 

Launch your own Dex like Uniswap 

A Decentralized platform like Uniswap is created and launched on an Ethereum blockchain network. To be more precise, it is an automated liquidity protocol. Working on the formula of X*Y=K, it reflects its supremacy to the world. It is nothing but smart contracts or liquidity pools that hold on to the reserves to facilitate smooth trading and eradicate any liquidity issues on the exchange platform. Thus, a trader does not need an order book to depend upon for trading purposes. 

 

Features Of A Decentralized Exchange Protocol Like Uniswap 

 

  • Swapping/ Exchanging
  • Oracles
  • Flash swapping
  • Trading of Ethereum Tokens
  • No verification
  • Two-factor authentication
  • White-label solutions
  • Multi-lingual support
  • Quick buying and selling
  • Ease-of-use

 

Advantages of Dex like Uniswap 

 

  • No third party intervention
  • Prices are determined through automated market makers.
  • There is complete anonymity
  • Tokens can be swapped or exchanges through access to liquidity
  • Low transaction fees
  • The Uniswap protocol is highly reliable
  • The DEX also gives its users immense security because the protocol is non-custodial, and the smart contracts are regularly audited.


Are you interested in developing Dex like Uniswap? Connect with blockchain App Factory's team, who are efficient and effective at what they do. We offer white label solutions that are feature-packed and guarantee you huge profits.

 
collect
0
avatar
angela cassan
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more