Uniswap launched the third iteration of its protocol on May 3rd and reached 700MM daily volume in one month, greatly increasing its utility as liquidity providers (LPs) were now able to create strategic liquidity provision in order to maximize yields. With the Arbitrum Ethereum Layer 2 implementation, Uniswap is expected to challenge the volume of centralized order book exchanges such as Binance, OKEx, and FTX. However, traditional market makers on current centralized exchanges lack the tools to enter the Decentralized Finance (DeFi) space.