Description
How trading works
A swap changes the token balances in a pool and moves its price. Large swaps create more price impact. Liquidity providers own a proportional share of the pool and receive trading fees.
Liquidity and risks
V2 data must be separate from V3 and V4. Risks include smart-contract use, unsafe tokens, high gas, price movement and impermanent loss. Anyone can create a pool, so listing is not an endorsement.