According to founder Hayden Adams, the first Continuous Clearing Auction exceeded expectations, with funds set to support initial liquidity in Uniswap v4 pools.
Uniswap founder Hayden Adams announced the successful completion of the first Continuous Clearing Auction (CCA), recording $59 million in bids—59% above the reserve price. Proceeds and token reserves from the auction will be used to provide initial liquidity for Uniswap v4 pools.