🤝 Robinhood Chain Launches with Uniswap as Primary AMM

Uniswap has integrated Sky's Lite Peg Stability Module (LitePSM) into its routing system, enabling traders to swap DAI, USDS, and USDC at parity with no price impact. **Key benefits:** - Routes requiring DAI, USDS, or USDC legs now clear at 1:1 ratio - Access to hundreds of millions in liquidity depth - Effectively zero slippage on stablecoin swaps The LitePSM acts as a direct exchange mechanism, allowing these stablecoins to trade at exact parity rather than through traditional liquidity pools that can experience slippage.

Spark Finance is implementing a **DualPool hook** developed in collaboration with Uniswap Labs that enables liquidity providers to earn yields on both active and idle assets. **How it works:** - LP assets are parked in yield-generating vaults when not in use - The hook automatically pulls liquidity when swaps occur - Funds are returned to the vault within the same block - LPs earn continuously whether their capital is being used for swaps or sitting idle This mechanism allows liquidity providers to maximize capital efficiency by generating returns during periods of inactivity while maintaining availability for trading.

Spark is building stablecoin infrastructure on Uniswap and has moved $150M in liquidity to the protocol, representing one of the largest migrations in DeFi history. **Key developments:** - The liquidity will transition to Spark's new **DualPool hook**, enabling them to earn on both active and idle assets - The hook demonstrates how teams can build custom market structures on top of Uniswap - DualPool is currently undergoing audits and will be open-sourced once complete This migration positions Spark to build what they're calling the "stablecoin FX layer" on Uniswap's infrastructure. [Read the full announcement](https://blog.uniswap.org/spark-moves-150m-of-liquidity-to-v4-with-new-hook-coming-soon?utm_medium=social&utm_source=tw&utm_campaign=spark-announcement-202606)

**Spark is building a Stablecoin FX Layer on Uniswap v4** to address liquidity fragmentation as banks and fintechs launch their own stablecoins. **Key developments:** - Spark migrated $150M in liquidity to Uniswap v4, one of DeFi's largest migrations - Initial pools include USDS/PYUSD and USDS/USDT - The infrastructure allows stablecoins to access shared liquidity instead of isolated pools - Liquidity will move to Spark's new DualPool hook to earn on both active and idle assets **Context:** Fidelity recently chose Uniswap as its liquidity layer for $FIDD stablecoin pools. The FX Layer aims to create shared infrastructure for the growing number of institutional stablecoins entering the market. [Learn more about the Stablecoin FX Layer](https://paragraph.com/@spark-11/spark-uniswap-and-sky-building-the-fx-layer-for-stablecoins?referrer=0xA45F1D29943D19dff604133287047a35ccbADc8a)