01Decentralized Exchanges

Uniswap Review: When a Swap Beats a Centralized Exchange, and When It Does Not
Uniswap is the most trusted on-chain swap venue, and for long-tail tokens that no exchange lists it is often the only option. It is not automatically cheaper: you pay a pool fee of 0.05% to 1% plus network gas, and you carry the risk of fake tokens and bad approvals. Use it for tokens you can verify, on a low-cost network, with a wallet you trust.
- Best for
- Self-custody users swapping tokens that centralized exchanges do not list
- Price
- Free to use; pool and network fees apply
- Maker
- Uniswap Labs
- Reviewed
- 21 Apr 2026





