Ethereum’s launch in 2015 built off Bitcoin’s formula by enabling developers to play a more active role in designing decentralized applications, likely representing a major turning point in the history of finance by introducing smart contracts and paving the way for decentralized finance (DeFi). Uniswap, one of the largest and most influential decentralized exchanges (DEXs), launched in November 2018 during Devcon 4, where its founder Hayden Adams revealed the platform’s V1. In under six months, Uniswap already had $10 million locked in its liquidity pools, securing the DEX with valuable seed funds as it expanded and upgraded its protocol.