No Summary provided as the original text is short
- DeFi: Short for decentralized finance, it refers to financial applications built on blockchain networks that operate without traditional intermediaries.
- Onchain Liquidity: The availability of assets directly on a blockchain, enabling decentralized trading and transactions without centralized exchanges.
- Uniswap: A decentralized exchange protocol on Ethereum that allows users to trade cryptocurrencies directly from their wallets using automated market makers.