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Uniswap

Uniswap

AuditedVerifiedBlue Chip

Uniswap is the leading decentralized exchange protocol, enabling permissionless token swaps on Ethereum and 40+ chains via its AMM model across V2, V3, and V4.

DEXEthereumArbitrumBaseBSCPolygonOptimismAvalancheCeloGnosisUnichainTVL: $4.0BLast updated: Sep 16, 2026
Risk Rating
AAA
Safety Score
99

Risk Profile Overview

Overall Rating
(99/100)
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Active Risk Alerts

Live signals detected by Sentinel monitors across all five risk classes.

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Score history

Re-checked monthlyNo net change

This rating is re-checked every month. A point is recorded for every check, so a flat line means we looked and nothing moved. Hover anywhere on the chart to see what moved that month, and by how much.

100
97
93
Aug 2026Sep

The Problem

Centralized exchanges carry custody risk, listing barriers, downtime, and geographic restrictions. Early DEXes lacked liquidity and capital efficiency.

The Solution

Uniswap created the AMM model — any token pair can be listed permissionlessly and traded 24/7 with on-chain settlement and self-custody.

Why it Matters

The original AMM inventor and category leader. V3 concentrated liquidity offers up to 4000x capital efficiency vs V2. V4 hooks enable fully custom pool logic without forking the protocol.

Protocol Metrics

TVL Trend
$4.00B

Related Research

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Frequently asked questions about Uniswap

What is Uniswap?+

Uniswap is a DEX protocol operating on Ethereum, Arbitrum, Base, BSC, Polygon, Optimism, Avalanche, Celo, Gnosis, Unichain. Uniswap is the leading decentralized exchange protocol, enabling permissionless token swaps on Ethereum and 40+ chains via its AMM model across V2, V3, and V4.

How does Uniswap work?+

Uniswap created the AMM model — any token pair can be listed permissionlessly and traded 24/7 with on-chain settlement and self-custody.

Is Uniswap safe?+

DeFi Sentinel rates Uniswap AAA with a safety score of 99/100, indicating highest safety tier. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. Uniswap has 4 audits on record. DeFi Sentinel's analysis flagged 1 medium risk alerts across Governance & Centralization. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.

What is the safety score of Uniswap?+

Uniswap has a DeFi Sentinel safety score of 99/100 (rating AAA), last updated September 16, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).

Which chains does Uniswap support?+

Uniswap is deployed on Ethereum, Arbitrum, Base, BSC, Polygon, Optimism, Avalanche, Celo, Gnosis, Unichain.

Has Uniswap been audited?+

Yes. Uniswap has 4 audit reports on record from firms including Trail of Bits, Dedaub, OpenZeppelin. Audit reports and dates are linked under the Resources tab on this page.