Hassan Maishera
On Wednesday, the Uniswap team announced via X that Continuous Clearing Auctions will soon launch on the Uniswap Web App. Starting February 2nd, ongoing and upcoming CCAs will be automatically indexed and displayed in a single interface on the Uniswap Web App.
Uniswap created CCA as a permissionless protocol to help teams distribute tokens, find a credible market price, and bootstrap liquidity. With CCA on the Uniswap Web App, users can easily discover auctions, place bids, and claim tokens directly from the interface.
All live auctions, upcoming auctions, and information on progress for a given auction will appear together in one place. For token teams, the Auctions tab means CCAs automatically have an interface for users to participate in token auctions – no more time spent building out bespoke frontends or testing custom interfaces.
Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. No order book or centralized party is required to make trades. UNI, the native token of Uniswap, is currently trading at $4.72, down 1% in the last 24 hours.
