Uniswap launches StablePair Hook to challenge Curve in stablecoins
- —StablePair Hook is the first upgradeable Hook with dynamic fees in Uniswap v4
- —First pools: USDC/USDG and USDC/USDT on Ethereum
- —Stablecoin pair trading volume reached $43.4 billion in the quarter
- —The mechanism uses a Dutch auction to return arbitrage profits to LPs
Why it matters: Uniswap is challenging Curve's dominance in the stablecoin market, which could change the distribution of fees and liquidity in DeFi.
Source: 動區 BlockTempo