Uniswap deploys its onchain token auction system to Avalanche
Continuous Clearing Auctions went live on Avalanche (@avax) on Tuesday, letting teams there run token sales, set a clearing price and seed liquidity on @Uniswap v4.
Bids accumulate across blocks, and every winner pays the same final price, a design meant to blunt sniping bots. Robinhood Chain got the same deployment in July.
🐋 ETHEREUM SUPPLY MOVES OFF EXCHANGES
A growing amount of Ethereum is reportedly leaving centralized exchanges while stablecoin liquidity moves onto the Ethereum network. ETH has remained relatively flat around $1,900, despite the changing supply dynamics.
Market Implication:
If investors continue moving ETH away from exchanges for long-term holding or staking, available selling supply could decrease. That could become bullish for ETH if demand increases.
#Ethereum #ETH #DeFi #CryptoMarket
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