> For the complete documentation index, see [llms.txt](https://uniswi-ap-exi-changw.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-changw.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://2278429238-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOeTPuRYrDcGcooMRywTX%2Fuploads%2FLdWQf4wgc6wxFMFd1LNQ%2Ffile.excalidraw.svg?alt=media&amp;token=b1e3b73a-8066-434a-b351-ccf865ca530b" alt="" class="gitbook-drawing">
