> For the complete documentation index, see [llms.txt](https://umswap-exxhange.gitbook.io/us/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://umswap-exxhange.gitbook.io/us/niswap-xchange-niswap-niswap.md).

# Ȗniswap 𝑬xchange - Ȗniswap - Ȗniswap

Uniswap v1 was launched in November 2018 as a proof of concept for automated market makers (AMMs), a type of exchange where anyone can pool assets into shared market making strategies.  In May 2020.

<figure><img src="https://2592528421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FJ9OKSi3R1gZlVHqHqnP3%2Fuploads%2FBOkOe3zksfrhEJSGcycd%2Funiswap-exchange.jpg?alt=media&amp;token=51707032-d31f-4c24-b901-3cd6e28cbb62" alt=""><figcaption></figcaption></figure>