The Business Source License (BSL) for Uniswap v3 protocol has expired, allowing developers to fork the code and deploy their own decentralized exchange (DEX), according to protocol documentation. The BSL license was introduced in 2021 and lasts for two years, during which the code cannot be commercially used. Its expiration marks a significant development in the decentralized finance (DeFi) ecosystem, enabling developers to utilize the code freely. To fork the code, developers will need to utilize an “Additional Use Grant.”
Uniswap is the biggest automated market maker in the DeFi space, allowing traders, token creators, and liquidity providers to swap tokens. In May 2021, Uniswap v3 surpassed Bitcoin in daily fee generation. The platform’s native token, UNI, is a popular investment choice for exposure to the DeFi market. Recently, Uniswap went live on Binance’s smart contract blockchain, the BNB Chain, following a governance proposal by 0x Plasma Labs.