Uniswap
A Short Story of UNISWAP and UNI Token. DEFI Explained - YouTube
Uniswap Exchange Review 2023: Is it safe to use?
What is Uniswap? (Animated) Decentralized Exchange + UNI Token - YouTube
Uniswap v3
- Automated Market Makers (AMMs) - What is an Automated Market Maker? (Liquidity Pool Algorithm) - YouTube - Constant Product AMM
- Liquidity Providers (LPs)
Uniswap v3 introduces:
- Concentrated liquidity, giving individual LPs granular control over what price ranges their capital is allocated to. Individual positions are aggregated together into a single pool, forming one combined curve for users to trade against
- Multiple fee tiers , allowing LPs to be appropriately compensated for taking on varying degrees of risk
These features make Uniswap v3 the most flexible and efficient AMM ever designed:
- LPs can provide liquidity with up to 4000x capital efficiency relative to Uniswap v2, earning higher returns on their capital
- Capital efficiency paves the way for low-slippage trade execution that can surpass both centralized exchanges and stablecoin-focused AMMs
- LPs can significantly increase their exposure to preferred assets and reduce their downside risk
- LPs can sell one asset for another by adding liquidity to a price range entirely above or below the market price, approximating a fee-earning limit order that executes along a smooth curve
Uniswap's oracles are now far easier and cheaper to integrate. V3 oracles are capable of providing time-weighted average prices (TWAPs) on demand for any period within the last ~9 days. This removes the need for integrators to checkpoint historical values.
UNISWAP V3 - New Era Of AMMs? Architecture Explained - YouTube
Uniswap V3 Explained - Concentrated Liquidity, NFT LP Tokens, Licensing - YouTube
Uniswap v4
GitHub - Uniswap/v4-core: 🦄 🦄 🦄 🦄 Core smart contracts of Uniswap v4