Uniswap

Uniswap (UNI) is a decentralized Blockchain protocol to provide automated liquidity on the Ethereum network without relinquishing assets' custody.

Uniswap is a famous protocol on Ethereum that acts as a smart contract interface for traders to swap ERC20 tokens without depending on buyers and sellers for demand creation. This automated liquidity protocol developed using open-source software and hosted on GitHub. Uniswap is critical for Blockchains as it enables trustless token swaps while the traders retain the ownership of assets.