5min chapter

Odd Lots cover image

Hayden Adams Explains Uniswap and the Rise of DeFi

Odd Lots

CHAPTER

What Is Dis Defy?

Unisap is a what's called an automatev market makeror it uses automated market making. It allows anyone who wants to create these market and deposit into a smart contract will augtomake the process of market making for them. And so in two minutes, someone can spin up a new market that they don't need to be extremely sophisticated or well-versed in at all. Unispop makes it incredibly easy to create new marketsand in trade on markets. That gets into this kind of unique interstructure that unisa has. So unisop is not a traditional order book exchange. But you have basically every coin in existence able to trade through your platform,. including like

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