The decentralized exchange Uniswap has introduced a no-code token auction tool in its web application. Teams can now set up 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 this 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 market prices. Participants use limit orders, eliminating the risk of overpaying.
When participating, users specify a total budget and a maximum price per token. After the clearing of blocks, they will receive tokens if their bid remains competitive.
Since the auction is time-distributed rather than concluding after a block confirmation, this mechanism removes the speed advantage typically held by MEV bots.
The interface for teams consists of four steps:
- adding token information;
- setting up the auction;
- creating and launching a liquidity pool;
- moving liquidity into the Uniswap pool.
Active listings and their outcomes are tracked by a dedicated account, UniswapAuctions. This feature is available on the Ethereum, Arbitrum, Base, and Unichain networks.
The solution has already been tested in practice. The CAP token auction from Cap Labs attracted 1,002 unique bids, closed with five times oversubscription, and concluded with a valuation of $106 million.
As a reminder, at the end of December, the Uniswap community approved a key reform of the protocol's economy—UNIfication. This proposal activates a "fee switch."