What is Uniswap's Position in the DeFi Space?
Uniswap is the largest decentralized exchange in cryptocurrency. Imagine Google, in its early days, giving you stock just for using it to search the web. Or, imagine Facebook giving you shares just for creating an account. Or Uber rewarding you with company equity for riding their cars. Well, that's Uniswap, the largest decentralized exchange in the cryptocurrency market and the largest application on Ethereum. The protocol currently has a market cap of $3.5 billion, and the issuance of its new token UNI has surprised the crypto community.