Why is Uniswap so valuable?

Why is Uniswap, a decentralized exchange, considered so valuable in the cryptocurrency world? Could it be because of its unique automated market maker system that allows for seamless trading of tokens without the need for a centralized intermediary? Or is it due to its decentralized nature, which offers users more control and security over their funds? Additionally, could the high liquidity and diverse range of tokens available on Uniswap be contributing factors to its value? I'm eager to learn more about the reasons behind Uniswap's growing popularity and value in the cryptocurrency market.