> For the complete documentation index, see [llms.txt](https://uniswaphy.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://uniswaphy.gitbook.io/us/uniswap-exchange.md).

# Uniswap Exchange

Uniswap’s journey started with the launch of its first version (V1) in November 2018, offering a simple yet powerful platform for decentralized token trading. Over the years, Uniswap has evolved throu

<img src="https://1224109291-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FRvVEirfdeZMRZTlNqsPt%2Fuploads%2FUuK6ZhfnDrtOEWH2Pyxj%2Ffile.excalidraw.svg?alt=media&amp;token=7237c0db-8446-41b7-bf09-6f210cdad65f" alt="" class="gitbook-drawing">

Uniswap’s journey started with the launch of its first version (V1) in November 2018, offering a simple yet powerful platform for decentralized token trading. Over the years,&#x20;

Uniswap has evolved through multiple iterations, introducing significant improvements and innovations with each version.