Uniswap CCA auction success”✅
Uniswap’s first CCA auction, launched by Aztec Network, has successfully concluded, raising $59 million in total bids, according to Uniswap founder Hayden Adams on X. The auction featured a gradual and transparent price discovery process, avoiding typical tactics like sniping, bundling, or timing manipulation. The final sale price came in 59% above the reserve price, reflecting strong market interest. Part of the proceeds, along with token reserves, will be allocated to the upcoming Uniswap v4 liquidity pool. This pool is expected to become the largest contributor to secondary market liquidity, strengthening trading efficiency and overall market depth on the platform.
