Uniswap logo: https://uniswap.org

Over the past couple weeks the hype around decentralized finance (DeFi) applications on Ethereum has grown exponentially. From yield farming to decentralized lending, a lot of innovative products have been released, but few have experienced the growth and usage that Uniswap has.

With a rise in both the number of users trading on Uniswap and the amount of transactions being submitted, the Ethereum network has tended to face an abnormal amount of congestion lately and with that has come higher transaction fees. Not only that, as many of the assets on Uniswap are small or micro cap assets, the volatility…

Stefan Mendoza

Software Engineer @coinbase

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