Who originally wrote Uniswap?
Uniswap replaces the order book with liquidity pools: market makers deposit two tokens into a pool, and the exchange price is automatically calculated based on the ratio of the two tokens in the pool.
The first page of my personal trading notes says: Understand it before placing an order.
Size your positions according to your risk tolerance, and leave yourself plenty of room.
$UNI 7.149（-2.6%）
#UNI
Uniswap replaces the order book with liquidity pools: market makers deposit two tokens into a pool, and the exchange price is automatically calculated based on the ratio of the two tokens in the pool.
The first page of my personal trading notes says: Understand it before placing an order.
Size your positions according to your risk tolerance, and leave yourself plenty of room.
$UNI 7.149（-2.6%）
#UNI