Uniswap launched Continuous Clearing Auctions, a new on-chain auction mechanism aimed at transparent price discovery, debuting with Aztec's token sale. The move reintroduces ICO-style launches with stronger on-chain controls.
Uniswap Labs announced Continuous Clearing Auctions for Uniswap v4 on Nov 13, 2025, aiming to improve liquidity and price discovery for new and thinly traded tokens. The feature is designed to create more transparent and fair pricing for token launches and low-volume markets.