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
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
Uniswap's interface has integrated two new hooks to enhance trading functionality: - **SauceTax9 Hook**: Implements new tax mechanisms for trades - **BtcAcc Hook**: Adds Bitcoin-related accounting features This follows March's successful integration of Verified Pools and Graduation hooks. The interface team continues to evaluate and add new hooks as they demonstrate reliability and user value. *Note: Hooks are custom code modules that extend Uniswap's core functionality.*
UniswapX Expands Liquidity Sources Beyond Protocol
UniswapX introduces expanded liquidity sourcing capabilities, reaching beyond the traditional Uniswap Protocol boundaries: - Leverages a **network of fillers** to source liquidity from multiple venues - Automatically routes trades through the source offering the **best swap rates** - Seamlessly integrated into Uniswap Web and Wallet interfaces This update aims to enhance trading efficiency and price optimization for users. The feature maintains Uniswap's commitment to decentralized trading while expanding access to deeper liquidity pools.
Seamless Interop Update
Ethereum's Superchain interoperability features are progressing toward implementation in 2025. This upgrade will enable fluid asset and data movement across Layer 2 networks. Key developments: - Native bridge integration between major L2 networks - Standardized messaging protocols - Unified security model across participating chains The update aims to reduce complexity and costs while maintaining security. Technical specifications are being finalized, with testing planned for Q1 2025. *Implementation timeline*: - Q1 2025: Testnet deployment - Q2 2025: Security audits - Q3-Q4 2025: Mainnet rollout