Uniswap v2 Core
Uniswap v1 is an on-chain system of smart contracts on the Ethereum blockchain, imple-menting an automated liquidity protocol based on a \constant product formula" [1]. Each Uniswap v1 pair stores pooled reserves of two assets, and provides liquidity for those two assets, maintaining the invariant that the product of the reserves cannot decrease.
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Uniswap v3 Core
uniswap.org•Improved Price Oracle: Uniswap v3 provides a way for users to query recent price accumulator values, thus avoiding the need to checkpoint the accumulator value at the exact be-ginning and end of the period for which a TWAP is being measured. (Section 5.1). 1
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