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What is the Chinese name of the Uniswap exchange

Date:2024-06-30 18:26:12 Channel:Wallet Read:

In the world of cryptocurrency, Uniswap Exchange is a shining star, and its Chinese name is "Youxi Exchange". This name is both straightforward and futuristic, which makes people want to learn more about this unique platform. Next, let's explore the secrets of Uniswap Exchange and uncover the technical principles and revolutionary significance behind it.

As a representative of decentralized trading platforms, Uniswap Exchange's core keywords include "DeFi" (decentralized finance), "liquidity provider" and "smart contract". These keywords run through the entire article and will lead us to explore the working principle, advantages and characteristics of Uniswap and its future development trends.

Uniswap Exchange adopts an automated market maker model, and transactions are automatically executed by smart contracts. There is no need for a centralized matching agency, and users can trade directly through wallet connections. This decentralized feature gives Uniswap a clear advantage in user asset security and transaction transparency, attracting more and more investors and traders to join.

In Uniswap Exchange, liquidity providers play a vital role. They inject funds into Uniswap's liquidity pool to provide a source of funds for transactions, while obtaining a share of transaction fees. This incentive mechanism has attracted a large amount of funds to flow into the Uniswap platform, providing users with an efficient and low-cost trading experience.

Not only that, Uniswap also realizes trustless transactions through smart contracts, ensuring the security and reliability of transactions. As an automatically executed program written in code, smart contracts ensure the fairness of transactions, eliminate the possibility of human intervention and market manipulation, and provide users with a reliable trading environment.

The success of Uniswap lies not only in its technological innovation, but also in its challenge and innovation to the financial system. As an outstanding representative of DeFi, Uniswap has brought a new way of thinking to the traditional financial system, breaking the monopoly of centralized exchanges and providing more people with the opportunity to participate in the financial market.

In the future, with the continuous development and innovation of DeFi, Uniswap Exchange will continue to play an important role in promoting the financial industry to a more decentralized and transparent direction. As a shining pearl in the world of digital currency, Uniswap is destined to become the mainstay of the future financial world, leading mankind into a new financial era.

The Chinese name of Uniswap Exchange, "Youxi Exchange", is not only a name, but also a beautiful prospect for the future financial world. Let us look forward to the future of finance becoming brighter and better because of the existence of Uniswap. May the future financial world be fairer and more transparent, so that everyone can share the fruits of financial development and create a better future together.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


As the cryptocurrency market grows, exchanges are emerging, and Uniswap is one of them. Uniswap is a decentralized exchange that allows users to exchange various cryptocurrency tokens in a very convenient way. It runs on smart contract technology on the Ethereum blockchain. Many people know that there are UniswapV2 and UniswapV3, but they don't know what the Chinese name of Uniswap is? Its Chinese name is Youli, which is translated from English. Next, the editor of Coin Circle will introduce this Uniswap exchange in detail. 

 What is the Chinese name of Uniswap? 

The Chinese name of Uniswap is Youli, which is a transliteration of its English name "Uniswap". Uniswap is a decentralized exchange (DEX), and it is legal to use Uniswap because there is no specific legislation against it. However, the laws surrounding Uniswap are vague, just like most unregulated cryptocurrency instruments, so if you need to account for it in your country, you can trade it with Uniswap. 

Uniswap pioneered the automated market maker model, in which users provide Ethereum tokens to the Uniswap "liquidity pool" and algorithms set market prices based on supply and demand (as opposed to the order books of centralized exchanges such as Coinbase that match bids and asks). By providing tokens to the Uniswap liquidity pool, users can earn rewards while enabling peer-to-peer transactions.

Users provide tokens to the liquidity pool, trade tokens, and even create and list their own tokens (using Ethereum's ERC-20 token protocol). There are currently hundreds of tokens available on Uniswap, many popular trading pairs are stablecoins like USDC, and AMM allows DeFi users to exchange Ether (ETH) for any ERC-20 token without an intermediary, solving many liquidity problems faced by most exchanges.

 What is the difference between UniswapV2 and V3?

The main difference between Uniswap exchange v2 and v3 is their market structure and liquidity management methods. Uniswap is a decentralized exchange that provides an easy way for users to trade ERC-20 tokens on Ethereum.

The market structure of Uniswapv2 is based on the conventional automated market maker model. This means that its liquidity is provided by some specific liquidity providers, and these providers need to deposit equal amounts of two tokens into the liquidity pool. Under this model, the transaction fee is fixed and is 0.3%.

The market structure of Uniswapv3 is based on the model of centralized exchanges. This means that its liquidity is provided by some specific liquidity providers, but these providers can choose to deposit different proportions of the two tokens into the liquidity pool. In addition, Uniswapv3 also introduces a new concept, namely "centralized limit orders". This order allows users to trade at a specified price instead of trading at the current market price.

The transaction fees of Uniswapv3 are based on the price range selected by the liquidity provider. This means that trading in a higher price range will incur higher fees, while trading in a lower price range will incur lower fees. Uniswapv3 introduces some new concepts and mechanisms that allow users to trade more flexibly, but also adds some complexity.

All of the above is the answer to the question of what the Chinese name of the Uniswap exchange is. According to the exchange, the spot/coin-to-coin transaction fee of Uniswap is 0.3%-0.3%, which is relatively low, and users can freely deposit tokens for exchange without placing orders, which enables buying and selling at any time and free withdrawal, which improves the transaction speed and confirmation time, and optimizes the user's trading experience. Investors need to be reminded that whether they choose Uniswap or other exchanges, they must show a certain understanding of it, understand the rules of the trading platform, and try to choose well-known large exchanges for trading.

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