Uniswap, a decentralized cryptocurrency exchange protocol built on the Ethereum blockchain, has revolutionized the world of decentralized finance (DeFi) since its launch in November 2018. Uniswap offers a groundbreaking approach to trading cryptocurrencies by eliminating traditional intermediaries and enabling users to trade directly with one another.

At its core, Uniswap operates on an automated market maker (AMM) model, which utilizes smart contracts to facilitate seamless and trustless token swaps. Unlike centralized exchanges, Uniswap does not rely on order books or matching buyers and sellers. Instead, it employs liquidity pools that allow users to provide liquidity to various token pairs.

One of the key innovations that sets Uniswap apart is its use of the constant product market maker formula. This algorithmic model ensures that the product of the reserves of two tokens remains constant, which determines the exchange rate. By using this mechanism, Uniswap eliminates the need for a centralized order book and provides users with a simple and efficient trading experience.

Uniswap gained significant attention in 2020 with the rise of the decentralized finance movement. Its open and permissionless nature attracted users and developers alike, leading to a surge in liquidity and the creation of numerous new tokens. As a result, Uniswap has become a cornerstone of the DeFi ecosystem, providing a platform for anyone to access a wide range of tokens and engage in decentralized trading.

Additionally, Uniswap's native token, UNI, plays a crucial role in its governance and incentivization. UNI holders have the power to propose and vote on changes to the protocol, making it a truly community-driven platform. Furthermore, liquidity providers on Uniswap receive UNI tokens as rewards, encouraging active participation and engagement within the ecosystem.

With its innovative approach to decentralized trading, Uniswap has paved the way for a new era of financial empowerment. Its impact on the cryptocurrency landscape has been profound, fostering liquidity, accessibility, and decentralization. As the DeFi space continues to evolve, Uniswap remains at the forefront, driving innovation and shaping the future of decentralized finance.

The methodology for this analysis involves a comprehensive review of the Uniswap new users and their actions on Ethereum and Optimsm. we have developed a multitab dashboard that provides a detailed overview of the swaps and associated metrics .

The dashboard is designed to be user-friendly and intuitive, allowing users to easily navigate between different tabs to access information presented on each tab.

In the first tab, users can find an overview of the Uniswap platform new users, their swaps and volume of tradings . The second tab provides a similar overview , comparing old and new users and their behavior. the third tab also compares Uniswap on Ethereum and Optimism.