The Auto Router can split trades across up to seven routes to take advantage of liquidity in different pools
3/
💪 More powerful algorithm
The Auto Router uses a larger data set for more efficient execution, especially on large trades.
4/
⛽️ Gas cost awareness
The Auto Router is aware of gas costs and will only take an extra hop if it yields a better effective price for you.
5/
📊 In our analysis of 4,429 on-chain swaps from June 1, 2021, the Auto Router improves pricing on 13.97% of all trades and 36.84% of trades between the Top 10 tokens by TVL.
📈 More than 60% of trades between $500k - $1m were improved.
6/
👋 We welcome other Uniswap community projects to use the Auto Router too.
💻 The code is fully open source on the Uniswap github. We’ll host a Twitch live stream in coming weeks to walk through the code.
Intents-based systems are fragmented, each with their own set of fillers and no unified cross-chain standard
That’s why we teamed up with @AcrossProtocol to propose ERC-7683, a standard designed to solve fragmentation through a universal filler network
⛺️✨
How ERC-7683 works:
+ Users sign a cross-chain order
+ User funds are escrowed in a settlement contract
+ Fillers compete to fill the order on the destination
+ Winning filler executes the action and funds are released
Establishing a standard for intents-based systems improves the UX for apps, fillers, and users
✅ Applications route intents to a wider network
✅ Fillers have a lower entry barrier
✅ Users get faster fills with lower gas
Let’s look at what they are and some hooks we’re excited about.
What ideas do you have?!
2/ Hooks are like plugins. They can introduce code at key points in the lifetime of a pool—like before or after a swap.
This lets developers innovate on Uniswap’s liquidity and security to create pools with custom features.
3/ Hooks expose tradeoffs in Uniswap v3 to developers instead.
They can make their own decisions to create custom features in hooks and plug them into the core pool contract.