
Uniswap's Automated Market Maker Revolutionizes Decentralized Finance
Hayden Adams invented Uniswap in 2018. Since then, it has transformed the landscape of decentralized finance (DeFi), largely attributed to its pioneering Automated Market Maker (AMM) model. Uniswap removes centralized market makers by allowing users to trade equities directly from liquidity pools. Uniswap’s AMM mechanism, driven by a constant product...