Uniswap’s continuous clearing auctions draw seven verified token launches in four months
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Bidders set a maximum price and are filled at a single clearing price per block, or get their funds back.
Uniswap (UNI) price
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- Price
- $7.05
- 24h change
- −0.7%
- Market cap
- $4.4B
- 24h volume
- $249.0M
- Circulating supply
- 624.4M UNI
CoinGecko data as of Oct 28, 11:19 AM EDT.
Uniswap’s Continuous Clearing Auction has hosted seven verified token auctions over the past four months, with more coming, Uniswap founder Hayden Adams said on X.
A uniform price instead of a race
The CCA releases tokens gradually over the auction, block by block. Bidders set the maximum price they will pay, and each block clears at a single price for everyone filled; bids that don’t clear are returned. At the end, the auction seeds a Uniswap v4 liquidity pool so the token can trade immediately. Adams shared a user describing the format as “cleaner than the usual race.”
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
