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    1. Trading and DeFi terminology
    2. Uniswap

    What Is Uniswap?

    The most popular AMM based decentralised exchange. Uniswap has two major versions. In version 2 (v2) the liquidity is evenly distributed across the bonding curve. In version 3, the liquidity providers can have liquidity on a partial curve, simulate order book and have better capital efficiency. Most decentralised exchanges are Uniswap v2 clones.

    See also

    • Decentralised exchange

    • Decentralised finance

    • Smart contract

    • On-chain

    • AMM

    • CLMM

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