> For the complete documentation index, see [llms.txt](https://uniswiap-exi-changepp.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-changepp.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://2009918097-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkJ1ydtaZD0cBvqgx7iXg%2Fuploads%2FpCBdWLzzmvyUOx7zAu4W%2Ffile.excalidraw.svg?alt=media&amp;token=f4b8bece-08f8-4e5d-9b5c-809883082e02" alt="" class="gitbook-drawing">