uniswap

According to crypto KOL 0xSLK, Uniswap is developing a token issuance platform called "Pools" on the Robinhood Chain. The official website is now online, but the product is not yet open. The pools.trade page displays "Coming soon from Uniswap" and plays a video of a frog jumping into a pond. Research has found that the front-end code related to Pools contains a lot of product information, and its internal name is "Pools - create a token on Robinhood Chain." The "rh-cca" path is believed to be related to the Robinhood Chain and Uniswap's Continuous Clearing Auction (CCA) mechanism.The public code shows that Pools is expected to offer two token issuance models: Crowd Launch: using a 4-hour auction mechanism, with a fixed supply of 1 billion tokens, of which 50% is for auction, and the remaining 50% along with the raised funds is used to establish Uniswap v4 liquidity pools. If the $50,000 FDV target is reached, the tokens will complete migration and open for trading; otherwise, participants can get a refund. Instant Launch: similar to the Bonding Curve model, users can trade immediately, with 80% of tokens used for curve trading, and the remaining 20% and funds used for liquidity building, completing migration after reaching a $50,000 FDV. Currently, the on-chain infrastructure related to Pools has been deployed to the Robinhood Chain. Uniswap's official documentation shows that related contracts include CCA Factory, LiquidityLauncher, and LBPStrategy, among others. Data shows that related contracts have generated hundreds of auction events and completed hundreds of token creations and migrations.Meanwhile, several tokens borrowing the concept of Pools have emerged in the market. Researchers point out that there is currently no official POOLS token, and any tokens named Pools, pools.trade, or UniFrog have not been confirmed by Uniswap Labs. Among them, the meme coin FRONG (which briefly surpassed a market cap of $7 million this morning, rising over 90% in 24 hours) has attracted attention for using a frog image similar to that in the Pools promotional video, but it is still just a community-issued token and not an official Uniswap project. The market is currently focused on whether Uniswap will officially open pools.trade, announce the first official issuance project, and release verified official contract addresses.

According to official news, Uniswap has launched the Earn feature in the Web App and Wallet, allowing users to deposit USDC, USDT, and ETH into the on-chain lending market to earn interest. Earn completes deposits with a single signature, with funds fully self-custodied, no lock-up period or cooling-off period, and can be withdrawn at any time.The underlying infrastructure is provided by Morpho, and Gauntlet is responsible for portfolio configuration, currently running on the Ethereum mainnet. Users can select the amount to deposit on the Earn page; if they do not hold the corresponding assets, they can first exchange or purchase them within Uniswap before depositing. There are no additional Uniswap usage fees, only network transaction fees, and earnings and holdings can be viewed uniformly in the Portfolio.

Uniswap announced the launch of the beta Launches tab in its web application, designed to aggregate and display token issuance projects based on the Uniswap infrastructure. This feature currently supports issuance projects on the Robinhood Chain and integrates token information from multiple issuance platforms, allowing users to filter and sort by issuance platform, 24-hour trading volume, liquidity, launch time, and popularity.The official statement indicated that by July 2026, over 340,000 new tokens had entered Uniswap through the Robinhood issuance platform, with a cumulative trading volume of $3.6 billion. This feature aims to enhance the exposure efficiency of new projects and simplify the process for users to discover and trade new tokens.

The on-chain spot exchange Rialto has launched the Robinhood Chain token issuance platform Varo. Varo adopts a contract architecture based on Uniswap V3, with no binding curve or graduation fees. Tokens can be traded instantly through the Uniswap liquidity pool at the time of issuance and can be integrated with platforms such as Uniswap, GMGN, LI.FI, BasedBot, and Definitive.Each token issued on Varo has a fixed supply of 100 million tokens, and the initial market value is set by Varo (for example, 60,000 USDG or 30 WETH). There are no reserved shares for teams or developers, and liquidity positions are permanently locked in the contract. The trading fee is 1%, of which 30% belongs to Rialto.The project team also stated that a "one code corresponds to one token" mechanism is used to prevent confusion with tokens of the same name and that the higher initial market value setting aims to reduce the economic incentive for sniper bots to accumulate tokens at low cost.

According to DefiLlama data, the Ethereum chain random NFT acquisition protocol Fake World Assets, developed by the two-person team Token Works, surpassed the daily revenue of Collector Crypt on Solana within four days of its relaunch on July 20.On July 25, the peak daily revenue reached $447,604, with total fees of $1.6 million, and approximately 90,000 transactions including about 35,000 draws, with a trading volume of around 2,000 ETH. After that, activity declined, with revenue in the past 24 hours dropping to $167,869, ranking second in daily revenue among Ethereum protocols, only behind Sky ($464,303), and ahead of Aave ($105,282) and Uniswap ($76,028).In this protocol, depositors list NFTs along with their pledged ETH collateral (similar to Uniswap V2 trading pairs), where the collateral determines the weight of each NFT and provides depositors with irrevocable continuous bids to reacquire the NFT. Anyone can pay the acquisition price generated by the liquidity pool to obtain a randomly selected NFT.The pool has accumulated over 1,500 NFTs including CryptoPunks, with randomness provided by Chainlink VRF. The token emission incentives expire 15 days after launch, and daily fees have decreased by about half from their peak. Collector Crypt on Solana remains the leader in this sector, with users spending over $209 million on its card packs in June alone.

Uniswap founder Hayden Adams posted on the X platform in response to the controversy over the v4 fee switch, clarifying that "the reduction of LP fees" is a misunderstanding; the protocol fees are additive rather than deductive, and LPs still earn 30 basis points per transaction.Regarding the claim that "the protocol takes 25% of LP profits," he stated that on a 30 basis point pool, the protocol fee is 5 basis points, accounting for about 14% of the total transaction fees, and LPs have not lost any of their earnings. Hayden Adams also pointed out that centralized exchanges charge 100 to 200 basis points per transaction, making Uniswap's 5 basis point fee at the 30 basis point level 20 to 40 times cheaper. He also criticized some forked projects that charge 100% transaction fees but use uneven inflation set by token voting to "compensate" LPs.

Uniswap stated that the cumulative trading volume of Robinhood Chain on Uniswap has exceeded 10 billion dollars, achieving this scale in less than a month.

According to official news, Uniswap has launched Permissioned Pools, a new hook standard in Uniswap v4 that supports permissioned asset trading through automated market makers (AMM), with compliance enforced directly on-chain. Permissioned asset pools are collaboratively built by on-chain asset management teams. The first batch of partners includes Superstate, Securitize, and Dowgo.

The Robinhood Chain token launch platform Pons will release version 2, planning to introduce multiple feature updates. It is reported that Pons v2 will introduce a Bonding Curve mechanism priced in ETH, remove trading restrictions for non-developer wallets, and support custom trading pairs, including RWA assets such as USDG, NVDA, AAPL, and HOOD.In addition, Pons will adopt a redesigned fee structure using Uniswap V4 pools and Hook, with creators defaulting to receive fees in ETH; when the token value reaches 4.2 ETH, it will automatically graduate to a permanently locked full-range position on Uniswap V4. Other updates include the addition of a CTO feature with a 3-day time lock, support for collecting fees in stablecoins or other tokens, and the introduction of an optional tax mechanism for each buy and sell transaction.

Uniswap announces the official launch of DualPool Hook. DualPool is an open-source Uniswap v4 Hook, jointly designed and developed by Spark and Uniswap Labs, allowing market makers to earn yields by depositing idle assets into lending protocols during the waiting period for liquidity funds to be executed, and to withdraw funds back to the liquidity pool when a transaction occurs.From an external perspective, DualPool is indistinguishable from a regular Uniswap v4 liquidity pool, and traders, aggregators, and solvers still complete transactions through the Pool Manager. Its internal mechanism is that liquidity funds are stored in an ERC-4626 yield vault and are automatically withdrawn when a transaction needs to be executed, deployed to concentrated liquidity positions, thereby ensuring transaction execution while allowing idle funds to continuously generate lending yields.

According to The Block, Uniswap governance will conduct two key on-chain votes from July 19 to 26. The first proposal aims to enable protocol fees for the v4 version liquidity pools for the first time, covering seven chains: Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism, and Robinhood Chain, targeting three types of pools: static fee pools, pools initiated through continuous liquidation auctions, and aggregator hooks pools; proposals for the remaining five chains will be submitted later.The second proposal, submitted by Uniswap founder Hayden Adams, aims to extend the fee mechanism of v2 and v3 to Robinhood Chain. The fees generated from both proposals will enter the UNIfication burn mechanism. Last month, the Uniswap protocol set a record by burning 186,000 UNI in a single day.

Uniswap founder Hayden posted on the X platform that Uniswap has just submitted two governance proposals for final on-chain voting, including enabling v2 and v3 protocol fees on the Robinhood Chain, as well as enabling v4 protocol fees on Ethereum, Base, Arbitrum, Robinhood, BNB, Polygon, and Optimism. The remaining third proposal related to v4 chain is about to be submitted.Both proposals will direct all new protocol fees into the existing UNI burn mechanism. Based on the current trading volume, especially the trading volume related to Robinhood, the impact on UNI burn is expected to be significant.

DeFi infrastructure company Enso disclosed in a report a type of malicious liquidity pool called "toxic pools," which manipulates trading simulations to return false optimal quotes to wallets and DEX aggregators, and alters logic during actual on-chain execution. Enso stated that the relevant malicious contracts can identify read-only simulation environments and return optimized prices, but once the trades are broadcasted on-chain, they execute at worse prices or result in transaction failures.A manipulated Curve pool processed over 129,000 exchanges, resulting in approximately $225,000 in inflated quotes, with over 37,000 transactions rolling back and consuming nearly $30,000 in gas fees. On Polygon, a malicious Uniswap v4 hook attracted routing systems with false exchange rates, subsequently triggering a 99.1% transaction failure rate. Enso stated that it has updated its execution protection product Enso Shield to detect false quotes in Ethereum and Polygon environments.

According to a report by The Block, a study commissioned by 1inch and conducted by Dune found that approximately 85% of concentrated liquidity in decentralized exchanges such as Uniswap v3, Uniswap v4, PancakeSwap v3, and Aerodrome Slipstream is not effectively utilized. The research analyzed the performance of nearly 200 active liquidity pools across 7 chains in 26 weekly snapshots, tracking an average liquidity of about $1.84 billion per week, of which approximately $1.6 billion is in an inefficient state.Specifically, on the Uniswap v3 platform, among the liquidity that has deviated from the market-making price range, 44.5% has not been adjusted for more than 90 days, making it the platform with the highest proportion in this study; in contrast, Aerodrome has a ratio of about 20%, with 58% of idle funds having been adjusted within the last 30 days.Additionally, only about 35% of idle funds are located within 5% of the market price, approximately 43% deviate from the market price by more than 25%, and another 17% deviate by more than 100%. In terms of fund size, positions exceeding $1 million hold about 47% of idle funds, amounting to approximately $260 million.

Uniswap initiated a governance proposal to extend the protocol fee collection and UNI burning mechanism to the Robinhood Chain, covering versions v2, v3, and v4.According to the proposal, the protocol fees generated on the Robinhood Chain will be sent to the TokenJar contract on that chain, and Searchers can redeem the fees by bridging UNI back to the Ethereum mainnet and sending it to the burn address.

Interactive Brokers announced on Tuesday the expansion of its digital asset business, adding trading tokens such as Aave, Aptos, Canton, Lido DAO, Monad, NEAR Protocol, Plasma, Pax Gold, and Uniswap, and supporting 24/7 stablecoin wallet transfers via USDC, PYUSD, and RLUSD.As of mid-2026, Interactive Brokers manages approximately $930.3 billion in client assets, with cryptocurrency trading commissions starting at 0.12% to 0.18% of the total transaction amount, with a minimum order fee of $1.75, and no additional spreads, markups, or custody fees. The company stated that accounts in the UK and Ireland cannot use stablecoin two-way deposits, and clients of the Irish affiliate cannot access the newly launched crypto assets.

Uniswap announced that teams can now directly configure and initiate Uniswap Auctions in the Uniswap Web App. This feature is supported by Continuous Clearing Auctions (CCA), which are used for on-chain token distribution, price discovery, and liquidity guidance.According to reports, CCA is now live on the Robinhood Chain, allowing teams to run token auctions on-chain, discover more market-oriented issuance prices, and launch liquidity on Uniswap v4 after the auction ends. Previously, projects like Aztec and Cap have used Uniswap Auctions for permissionless and transparent on-chain token distribution.Uniswap stated that the new launch process supports importing existing tokens or creating new tokens, and allows for configuring auction parameters and liquidity pool settings after the auction. The current interface supports Ethereum, Base, Arbitrum, and Unichain, with plans to expand to more chains in the future.

DeFiLlama data shows that Uniswap's trading fees in the past 24 hours were approximately $5.027 million.Uniswap founder Hayden Adams stated that Uniswap's daily trading fees are second only to Tether and Circle, and significantly higher than projects like Hyperliquid and Pump.

Uniswap founder Hayden posted on the X platform, stating that many people have not noticed that the Uniswap protocol fees have been activated and UNI has been burned. He continues to receive replies believing that the protocol fees have not been activated.Currently, there are 3 governance proposals being voted on: 1) Robinhood Chain fees (v2/v3); 2) v4 fees; 3) fee bridge cleanup on xlayer, ava, megaeth, sonium.