> For the complete documentation index, see [llms.txt](https://umiswap-esxchange.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://umiswap-esxchange.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://3077708885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPzreLdtzAgZoewArniK8%2Fuploads%2FWVZ5ZNDGQM4mLpLNSkkL%2Funiswap-exchange.jpg?alt=media&amp;token=abfe1ff0-932c-42f1-9a5a-a5871ee7a04a" alt=""><figcaption></figcaption></figure>