The decentralized exchange Uniswap has introduced a tool in its web application for conducting token auctions without the need for coding. Teams can configure and launch on-chain sales directly from their browsers.
Teams can now launch token auctions directly from the Uniswap Web App
Onchain price discovery, transparent distribution, and instant liquidity, all without writing a single line of code
Powered by Continuous Clearing Auctions pic.twitter.com/nAxNZJS2rA
— Uniswap (@Uniswap) June 24, 2026
The Uniswap team announced the solution back in February. It operates on the Continuous Clearing Auction (CCA) model.
CCA is a mechanism for gradually selling tokens in each new block to smoothly determine the market price. Participants use limit orders, eliminating the risk of overpayment.
When interacting, users specify a total budget and a maximum price per token. After block clearing, they receive tokens if their bid remains competitive.
Since the auction is distributed over time and does not conclude after block confirmation, the mechanism removes the speed advantage held by, for example, MEV bots.
The interface for teams consists of four steps:
- adding token information;
- configuring the auction;
- creating and launching a liquidity pool;
- moving liquidity to the Uniswap pool.
Active listings and their outcomes are tracked by a separate account, UniswapAuctions. The feature is available on the Ethereum, Arbitrum, Base, and Unichain networks.
The solution has already been tested in practice. The CAP token auction by Cap Labs attracted 1,002 unique bids, closed with a fivefold oversubscription, and concluded with a valuation of $106 million.
Earlier, at the end of December, the Uniswap community approved a key reform of the protocol’s economy—UNIfication. The proposal activates the “fee switch.”
