BREAKING

Uniswap’s First Continuous Clearing Auction Ends at $59M, to Fuel Liquidity for Uniswap v4

ADA

ADA/USDT

$0.1659
-4.55%
24h Volume

$373,076,099.45

24h H/L

$0.1750 / $0.1648

Change: $0.0102 (6.19%)

Long/Short
70.3%
Long: 70.3%Short: 29.7%
Funding Rate

+0.0023%

Longs pay

Data provided by COINOTAG DATALive data
Cardano
Cardano
Daily

$0.1659

-3.71%

Volume (24h): -

Resistance Levels
Resistance 3$0.2047
Resistance 2$0.1868
Resistance 1$0.1724
Price$0.1659
Support 1$0.1653
Support 2$0.1567
Support 3$0.1486
Pivot (PP):$0.168567
Trend:Downtrend
RSI (14):32.4

COINOTAG reports that Uniswap founder Hayden Adams confirmed the platform’s inaugural Continuous Clearing Auction (CCA) attracted $59 million in bids. He framed the process as a disciplined, transparent price discovery exercise, with no sniping or bundling. The final clearing price sits roughly 59% above the floor, and bidders had several days to improve their average price. He noted that even very large bids would not be treated as overpaying, instead producing a blended price between floor and final clearance. Proceeds and token reserves will seed the Uniswap v4 liquidity pool, establishing the primary secondary-market liquidity source.

Previously, COINOTAG noted on November 13 that Uniswap rolled out the CCA protocol to facilitate liquidity at the v4 launch and token issuance. The framework aims to strengthen price discovery and credible liquidity provisioning within the DeFi ecosystem.

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