logo

Uniswap V3 CCA First Auction Concludes, Total Bids Reach $59 Million, Funds to Be Used to Provide Initial Liquidity for v4 Pool

By: theblockbeats.news|2025/12/08 15:45:56
0
Share
copy

BlockBeats News, December 8th, Uniswap founder Hayden Adams announced yesterday that "Uniswap's first CCA auction has ended with a total of $59 million in bids. No sniping, no bundling, no time games.


It was just a slow, transparent, and fair price discovery process, with the final price 59% higher than the floor price — and bidders actually had several days to bid earlier and get a better average price. Even if you bid $10 billion in FDV on the first day, you wouldn't have "overpaid," but instead would have obtained a compromise DCA transaction price between the floor price and the final clearing price.


Now, most of the funds raised from this auction and the ef="/wiki/article/token-259">token reserves will be used to provide initial liquidity to the Uniswap v4 pool, becoming the primary secondary market liquidity source."

BlockBeats previously reported that on November 13th, Uniswap launched the Continuous Clearing Auction (CCA) protocol for providing liquidity at the launch of Uniswap v4 and token issuance.

-- Price

--

You may also like

How to balance risk and return in DeFi yields?

Have these yields ever been reasonable? Have we ever received the compensation we deserve for the risks taken in DeFi, and where should the future spreads be set?

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

Contents

Popular coins

Latest Crypto News

Read more