The "swap" in the names of decentralized exchanges such as Uniswap ... See decentralized exchange. Liquidity providers are people who loan their crypto to the pool in order to receive a share ...

They enable users to trade directly against the pool ... such as Uniswap, and facilitate effective and convenient trading without the need for intermediaries. Thanks to liquidity pools, projects ...

Uniswap Labs teased upcoming v4 release, emphasizing features like "Hooks" for customizable swaps and promising advancements.