Why is Uniswap so popular?

Why is Uniswap enjoying such widespread popularity? Could it be its unique feature of eliminating the need for registration and KYC processes, making it accessible to anyone interested in participating in Ethereum token swaps? Or perhaps it's the innovative AMM mechanism that revolutionizes traditional order book models, eliminating the need for expensive liquidity hedging and enabling ordinary users to become market makers? The simplicity and ease of use of Uniswap's interface might also contribute to its popularity. With a straightforward user experience, it lowers the barrier to entry for those new to decentralized finance. Furthermore, the efficiency of listing new tokens on Uniswap is unparalleled, with projects and individuals able to launch liquidity pools in mere minutes, greatly reducing costs and time to market. But what really sets Uniswap apart is perhaps its role as the largest decentralized exchange by trading volume, with a cumulative trading volume exceeding 2 trillion dollars. This speaks volumes about the trust and confidence the community has placed in the platform. So, what's your take? Is Uniswap's popularity solely based on its features and functionalities, or are there other factors at play? I'd love to hear your thoughts on this.