Uniswap to Offer Educational Services
Uniswap has introduced a new project called the Uniswap University. This project is much like educational initiatives that centralized exchanges such as Binance, Bybit, and Bitget have integrated for the benefit of cryptocurrency investors. Uniswap, the most popular decentralized exchange, introduced its educational platform on the 21st of September.
To make the project possible, the firm has partnered with an education-focusing blockchain network called DoDAO. The Uniswap University initiative is set to offer structural learning for new users joining its v3 exchange platform.
New account holders and investors may be able to enroll in courses, access guides, and simulations on the platform. The decentralized trading platform is going to offer topics that cover topics such as the basics of a DEX.
At the same time, they will be able to move to advanced topics such as Strategy BackTesting Tools. At the same time, investors will be able to learn about the importance of liquidity and using advance trading tools to aid in increasing their profit potential.
DEX Users Can Now Learn to Improve their Trading Strategies
Investors at Uniswap can now access advanced courses such as fundamentals of becoming a liquidity provider on v3. These educational resources are not mandated by the regulators but the exchange platform has proceeded to add them to assist their investors with improving their trading and earning potential.
V3 is a fork of Uniswap that was born after the Business Source License expired for the DEX in 2022. Around the same time, the platform hit a massive trading volume of $451 million. The TVL for the platform is currently valued at $3.2 billion.
DeFiLlama data indicates that the aggregate revenue from v1, v2, v3 braches of Uniswap are around $327 million per year. In addition, the data also indicated that the decentralized exchange TVL hit an ATH of $10 billion at the peak of bull market run in 2021. On the other hand, analysts have assigned medium risk/reward score to Uniswap.
The existing risk score for the native token of the DEX platform indicate a moderate risk exposure. During the last 24 hours, UNI prices lost 3.40% while the overall market cap of the token has also declined.
Aptos Blockchain Adds Support for DEX Sushi
Sushi is another major decentralized exchange that is on its way to becoming a multi-blockchain platform. The DEX has 7 times greater TVL in comparison to Aptos network. As part of its expansion plan, it has expanded to Aptos blockchain network.
Sushi is now accessible on the first blockchain network that is not compliant with EVM. Investors may access the decentralized exchange at Polygon, Fantom, Arbitrum, Ethereum, and BNB Chain as per DefiLlama.
The platform reported $350 million in TVL out of which $267 million are at Ethereum network. Meanwhile, Aptos blockchain has $45 million in TVL. Other decentralized exchanges such as Mixin, Solana, and Osmosis are also becoming compatible with non-EVM blockchains.
With its latest integration with Aptos, the DEX can open way for capital inflows. Sushi has stated that working with Aptos will open new channels for increased liquidity across various major blockchains.
The DEX also stated that it is also going to improve the cross-chain trading experience for the platform. Aptos was created by former employees at Meta. The blockchain released APT token last year with a market cap reaching higher than $1 billion.