> For the complete documentation index, see [llms.txt](https://uniswiap-exi-changevv.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://uniswiap-exi-changevv.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://898382844-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF6IFUuJVRx1UMkoBToA2%2Fuploads%2Fkoufz69K4pvnuQZ9CdRs%2Ffile.excalidraw.svg?alt=media&amp;token=a1598984-1078-4026-a16c-827c4016b67c" alt="" class="gitbook-drawing">