Uniswap запускает протокол для прозрачного ценообразования токенов Headline: Uniswap Launches Protocol for Transparent Token Pricing

The decentralized exchange Uniswap has introduced the Continuous Clearing Auctions (CCA) solution aimed at ensuring fair pricing for new token launches.

According to the developers, this protocol guarantees a transparent and equitable launch process, which has traditionally been the most susceptible to manipulation. The team behind the DEX described existing models as fragmented, adding:

«Liquidity formation often occurs behind the scenes.»

The system sells tokens in small portions with each new block, allowing the market to gradually establish a fair price while avoiding abrupt fluctuations.

Users specify the maximum rate they are willing to pay. If the final auction price is below their limit, they will receive the tokens. This mechanism protects them from overpayment and encourages fair bidding.

Token creators set the basic parameters: the number of coins, the initial price, and the auction duration. Additional features can include staggered token releases or participant verification.

Once the auction concludes, all collected funds are automatically allocated to create a liquidity pool for that token on Uniswap v4. Secondary market trading can begin immediately.

The protocol was developed in collaboration with the Aztec project, which was the first to test it out.

Additionally, the ZK Passport option is available, allowing participants to maintain anonymity while verifying their legitimacy to engage in trading. Uniswap’s developers clarified that this tool combines privacy with the necessary trust verification on the network.

The CCA contract is already operational. Exchange representatives stated that this marks the first of a series of tools designed to assist projects in launching and sustaining liquidity on the new platform version.

Previously, Uniswap introduced a new economic model. In light of this, the price of UNI surged by 30%.

However, the latest news from the exchange did not have a positive impact on the token, as its value plummeted by 11% in the last 24 hours, alongside the wider market. Currently, the asset is trading at $7.1.

The decentralized platform’s Total Value Locked (TVL) stands at $4.5 billion, down from $6.9 billion a month ago, according to DefiLlama.

As a reminder, DeFi protocols generated $600 million in earnings for September. Uniswap led the way with a total of $136 million.