Where Uniswap leads
Established platform
Uniswap has its own strengths. Here is where it performs well:
- Deepest liquidity on most major token pairs, especially on Ethereum mainnet
- V3 concentrated liquidity gives LPs capital efficiency and can produce tight spreads
- V4 introduces hooks for custom pool logic, expanding what is possible
- Battle-tested contracts that have processed hundreds of billions in volume
- Strong token (UNI) governance and ecosystem