The Uniswap protocol was launched as a proof of concept for automated market makers (AMMs), a type of exchange where anyone can pool assets into shared market-making strategies ¹. This was a significant milestone in the development of decentralized finance (DeFi) infrastructure.

The Uniswap protocol was launched in [[VIEW DATE]]

At its inception, Uniswap v1 demonstrated the potential of AMMs, and its success paved the way for subsequent versions. The protocol's growth was remarkable, with over $20 billion in volume traded by more than 250,000 unique addresses across 8,484 unique assets ².

In less than two years, Uniswap emerged as foundational DeFi infrastructure, securing over $1 billion in liquidity deposited by more than 49,000 unique liquidity providers (LPs), earning $56 million in fees ².

The introduction of Uniswap v2 in May 2020 brought new features and optimizations, setting the stage for exponential growth in AMM adoption ¹. Uniswap v2 facilitated over $135 billion in trading volume, ranking among the largest cryptocurrency spot exchanges globally ¹.

Uniswap's success led to the introduction of Uniswap v3, which targeted an L1 Ethereum mainnet launch on May 5, 2021, followed by an L2 deployment on Optimism ¹. Uniswap v3 introduced concentrated liquidity, multiple fee tiers, and other features that made it the most flexible and efficient AMM designed ¹.

These advancements enabled liquidity providers (LPs) to provide liquidity with up to 4000x capital efficiency relative to Uniswap v2, earning higher returns on their capital ¹.

Uniswap's growth and development demonstrate its commitment to providing secure and robust financial marketplaces for developers, traders, and liquidity providers ³.

Today, Uniswap serves as critical infrastructure for decentralized finance, empowering users to participate in financial services without fear of discrimination or counterparty risk ².

Uniswap's protocol governance is managed by a global community of UNI token holders and delegates, ensuring that the protocol remains community-led and self-sustainable ³.

The Uniswap community continues to drive growth, development, and innovation, shaping the future of finance through decentralized technologies.