UniswapX: Aggregating Liquidity for Better Swaps
UniswapX: Aggregating Liquidity for Better Swaps
🔥 Uniswap's Ace Up Its Sleeve
UniswapX, a new feature from Uniswap, aims to provide users with the best prices for their trades by aggregating liquidity from various sources, both on-chain and off-chain. The system utilizes a network of 'fillers' who compete to offer the most favorable rates by sourcing liquidity beyond just the Uniswap automated market maker (AMM). While AMMs remain important, UniswapX complements them by accessing liquidity that may not exist on AMMs, ultimately delivering deeper liquidity and better swap execution for users.
UniswapX uses fillers to make zero gas swaps possible But how do they actually work? 👇
DeFi markets have evolved since Uniswap v1 While AMMs are still important, intents-based systems play a complementary role in giving swappers the best prices That’s why we built UniswapX 👇
UniswapX uses fillers to source liquidity onchain and offchain ⭐️ Your swap goes through UniswapX only if it gives you the best price compared to v2 and v3 Deeper liquidity. Better swaps. 💫
Most swaps that go through aggregators settle on Uniswap But what about the swaps that don’t? The reality is that some liquidity doesn’t exist on AMMs – our goal to make sure Uniswap users can easily access that liquidity
UniswapX aggregates all liquidity into one place ⭐️ With UniswapX, a network of fillers compete to give swappers the best price for their trade Fillers can source liquidity onchain or offchain, which means UniswapX delivers deep liquidity in addition to the Uniswap AMM
New Protocol Tackles Unfair Token Distribution Through Continuous Clearing Auctions
**Token distribution transparency gets an upgrade** A new protocol launches to address the **closed-door nature** of token distributions that currently favor select players. Key issues being solved: - Information gaps in current distribution methods - Privileged access for limited participants - Lack of transparency in the process **The Continuous Clearing Auction Protocol** aims to democratize token distributions by creating a more open and fair system. This builds on the broader trend of tokenization bringing **transparency and efficiency** to traditional markets, extending those benefits to the distribution phase.
Uniswap v4 Hits $200B Swap Volume Milestone
**Uniswap v4 has reached $200 billion in total swap volume**, marking another major milestone for the decentralized exchange protocol. This achievement comes just months after v4 crossed the $100B threshold in July, demonstrating **accelerated adoption** of the latest version. **Key context:** - Base network saw $19B in October swap volume - its largest month since January - Arbitrum became the first L2 to surpass $400B in total Uniswap volume - The rapid growth from $100B to $200B shows increasing DeFi activity The milestone reflects **growing institutional and retail adoption** of decentralized trading across multiple blockchain networks.
Uniswap Web App to Support 7,702 Smart Wallets with Pectra Upgrade
Uniswap's web application is preparing for Ethereum's Pectra upgrade, scheduled for Q4 2024. The update will enable compatibility with 7,702 smart wallets from day one of launch. Key points: - Pectra upgrade focuses on improving core smart contract functionalities - Enhanced user experience features for wallet interactions - Significant expansion of wallet support across the Uniswap ecosystem This integration represents a major step forward in making DeFi more accessible and user-friendly on Ethereum.
Uniswap v4 Volume Growth Analysis
Uniswap v4 continues to demonstrate significant growth in trading volume, reaching nearly $13B within just 90 days of launch. Key metrics: - From $500M in February to $13B in May - Represents ~26x growth in 3 months - Averaging about $144M daily volume This growth follows broader protocol success, with Base reaching $150B in all-time volume and total Uniswap Protocol processing $2.94T in swap volume. The rapid adoption suggests strong market validation for v4's new features and improved efficiency.
Uniswap Interface Adds New Hooks: SauceTax9 and BtcAcc
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