Developers have forked Uniswap, a decentralized exchange (DEX), after its Business Source License (BSL) expired on April 1, and the code became open source. The fork has already attracted $123 million in total value locked (TVL), with the majority of capital locked on the Binance Smart Chain (BSC). Uniswap remains one of the largest DEXs in the decentralized finance (DeFi) ecosystem, commanding more than $4 billion in TVL across all blockchains. The Uniswap token (UNI) is currently trading at $6.32, having surged by 6.11% in the past 24 hours, according to CoinDesk data.

(By Oliver Knight)