Uniswap v3 Goes Open Source, Fueling the Future of Decentralized Exchange Technology
The Uniswap v3 protocol's Business Source License (BSL) has expired, as confirmed by its documentation on April 1.
The BSL license was originally released in 2021 for a period of two years to protect the author’s right to profit from their work, but it has now been replaced by the “General Public License” for the protocol to be open source.
This has been highly anticipated in the decentralized finance (DeFi) community, as it allows developers to create their own decentralized exchanges (DEX).
To use the code, developers will need to obtain an “Additional Use Grant” that accommodates both open-source and commercial developers.
Uniswap v3 is a popular DEX and the largest automated market maker in DeFi, providing a platform for token creators, traders, and liquidity providers to swap tokens.
READ MORE: US Self-Regulatory Organization Implements Crypto Compliance Rule for Members
In May 2021, Uniswap v3 surpassed Bitcoin in daily fee generation and has been generating $4.5 million in daily fees, according to Cryptofees.
Recently, Uniswap went live on Binance’s smart contract blockchain after a successful vote by token holders. This integration has allowed Uniswap to tap into Binance Chain’s DeFi developer community and expand its reach.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
