DEX
Uniswap
The most used decentralised exchange on EVM chains, swapping through liquidity pools rather than an order book.
Definition
Uniswap popularised the automated market maker: instead of an order book, swaps run through liquidity pools. You connect a wallet and trade without opening an account, and because there is no listing review new tokens appear immediately — as do scam tokens.
Key points
- Just connect a wallet
- Earn fees by providing liquidity
- Available on many chains
How to use
- Set up a wallet
- Verify you are on the official domain
- Choose the pair and amount
- Review the transaction and sign
Pros
- No account needed
- A very long list of tokens
Cons
- Scam tokens sit alongside real ones
- Gas costs apply
- Prices can slip from what you expected
Safety
- · Always check the contract address — same-name fakes exist
- · Never arrive via a search-result ad link
- · Avoid unlimited token approvals and revoke them regularly