> For the complete documentation index, see [llms.txt](https://uniswi-ap-exi-changp-1.gitbook.io/us/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://uniswi-ap-exi-changp-1.gitbook.io/us/niswap-or-xchange.md).

# Ȗniswap | 𝑬xchange

Uniswap is a decentralized exchange (DEX) that allows users to trade Ethereum-based tokens directly from their wallets. Unlike traditional exchanges.

<img src="https://1542659839-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FvYWwb5KatiLO2IIs1afs%2Fuploads%2FBfUakG7DVJgYYYUoYlI1%2Ffile.excalidraw.svg?alt=media&amp;token=65970b50-5777-4820-8948-972b8f8b0444" alt="" class="gitbook-drawing">