Uniswap Introduces Protocol for Fair Token Launches

15.11.2025

The decentralized exchange Uniswap has unveiled the Continuous Clearing Auctions (CCA) solution to ensure fair pricing during the launch of new tokens.

According to the developers, the protocol ensures a fair and transparent launch—a stage traditionally most vulnerable to manipulation. The DEX team described current models as fragmented and added:

“Liquidity formation often happens behind the scenes.”

How does CCA work?

The system sells tokens in small batches with each new block, allowing the market to smoothly determine a fair price and avoid sharp fluctuations.
A user specifies the maximum rate they are willing to pay. If the auction’s final rate is below this limit, the user receives the tokens. This mechanism protects against overpayment and encourages fair bidding.
Asset creators set the main parameters: the number of tokens, starting price, and auction duration. Additional settings, such as phased token unlocking or participant verification, can also be configured.
Once the auction concludes, all collected funds are automatically directed to create a liquidity pool for this token on Uniswap v4. Secondary market trading can commence immediately.
The protocol was developed in collaboration with the Aztec project, which was the first to test it.
The ZK Passport option is also available, allowing participants to maintain anonymity while confirming legitimacy for trading. Uniswap developers explained that the tool combines privacy with the necessary network trust verification.
The CCA contract is already operational. Exchange representatives added that this is the first in a series of tools to help projects launch and maintain liquidity on the new platform version.
Earlier, Uniswap introduced a new economic model, which led to a 30% surge in the UNI price.
The latest news from the exchange did not affect the coin—its price dropped by 11% over the past day alongside the broader market. The asset is currently trading at $7.1.