Uniswap is the second-largest decentralized exchange in the defi space which is built on top of the Ethereum blockchain. It facilitates the swapping of ERC20 tokens in a secure way. Unlike other traditional exchanges, uniswap eliminates the order book and works by utilizing the automated market maker (AMM) system which helps in enhancing the liquidity in the platform. Uniswap has its own token UNI which is a governance token that gives crypto holders the right to vote on new developments and changes in the platform. Many budding cryptopreneurs are interested in developing Defi exchange like uniswap. If you are one among them, then opt for the uniswap clone which is a white-label solution that replicates the functionalities of uniswap.