Introduction & Overview

What is the Uniswap Liquidity Launchpad?

The Uniswap Liquidity Launchpad is a comprehensive framework for bootstrapping initial liquidity for Uniswap V4 pools through fair, transparent price discovery (see whitepaper). It combines three critical functions into a single, composable system:

1. Price Discovery - Run fair auctions using a novel Continuous Clearing Auction (CCA) mechanism to establish market price
2. Liquidity Bootstrapping - Automatically seed Uniswap V4 pools with auction proceeds at the discovered price
3. Token Creation (Optional) - Deploy new ERC-20 tokens with rich metadata and optional cross-chain capabilities

Unlike traditional approaches that rely on centralized market makers or expose participants to timing games and manipulation, the Uniswap Liquidity Launchpad provides a decentralized, mechanism-design-driven approach for establishing deep, sustainable liquidity from day one.

Key Benefits

• Fair Price Discovery - Continuous clearing auctions eliminate timing games and establish credible market prices
• Immediate Deep Liquidity - Seamless transition from price discovery to active Uniswap V4 trading with substantial initial depth
• Permissionless - Anyone can bootstrap liquidity or participate in price discovery without gatekeepers
• Transparent - All parameters set upfront; real-time visibility into price discovery progress
• Composable - Modular architecture supports multiple auction formats and distribution strategies
• Gas Efficient - Optimized implementations using Permit2, multicall, and efficient data structures

Core Components

The Uniswap Liquidity Launchpad framework is built on three coordinated components that work together to bootstrap liquidity:

1. Liquidity Launcher → Central orchestration contract that coordinates distribution and liquidity deployment
2. Token Factory → (Optional) Creates new ERC-20 tokens with metadata, or integrates existing tokens
3. Liquidity Strategies - Modular contracts for different price discovery and liquidity mechanisms (prebuilt LBP Strategy or custom strategies)

Each component is designed to be composable and extensible, allowing you to customize your liquidity bootstrapping while maintaining security and fairness guarantees.

High-Level Architecture

Typical Liquidity Bootstrapping Flow

The liquidity bootstrapping process follows a straightforward sequence from price discovery to active trading:

1. Prepare Token (Optional)

   Launch a new token using LiquidityLauncher.createToken() via the factory, which deploys a UERC20 or UERC20Superchain token and mints the initial supply to the launcher. Alternatively, use an existing token and approve the launcher to distribute it.

2. Configure Liquidity Bootstrap

   Set up your bootstrapping parameters:

   • Auction parameters: Supply release schedule, price floor, duration & timing, and graduation threshold
   • Pool parameters: Token split (max 50% to auction), fee tier & tick spacing, migration delay, and optional hooks

3. Start Price Discovery

   Call LiquidityLauncher.distributeToken() to allocate tokens to the LBP Strategy. This deploys a CCA auction with the allocated tokens, and price discovery begins as participants submit bids.

4. Fair Price Discovery

   As bids arrive, the auction continuously clears orders with automatic bid spreading, ensuring a uniform clearing price and real-time transparency for all participants. This establishes the fair market price for the token.

5. Auction Completion

   When the auction ends, the system checks if the graduation threshold was met. If graduated, the process proceeds to liquidity migration. If not, all bidders receive refunds.

6. Liquidity Deployment

   After the migration block delay, anyone can trigger migrate() to:

   • Initialize the Uniswap V4 pool at the discovered price
   • Deploy full-range liquidity using auction proceeds + reserve tokens
   • Deploy a one-sided position (if remaining tokens exist)
   • Mint the LP NFT to the position recipient

7. Active Liquid Market

   The pool is now live on Uniswap V4 with deep initial liquidity, making the token immediately tradable across the entire ecosystem with sustainable market depth.

Next Steps

• Learn about the Continous Clearing Auction mechanism
• Read the whitepaper to learn more about the mechanism
• Dive into the repos below to see the code and start building

Smart Contracts

Contract	Description	Source	Mainnet Address	Unichain
LiquidityLauncher	Central orchestration contract	liquidity-launcher	0x00000008412db3394C91A5CbD01635c6d140637C	Coming soon
UERC20Factory	Standard ERC-20 token factory	uerc20-factory	0x0cde87c11b959e5eb0924c1abf5250ee3f9bd1b5	Coming soon
LBPStrategyBasicFactory	LBP strategy factory	liquidity-launcher	0x00000010F37b6524617b17e66796058412bbC487	Coming soon
ContinuousClearingAuction	Continuous clearing auction factory	continuous-clearing-auction	0x0000ccaDF55C911a2FbC0BB9d2942Aa77c6FAa1D	Coming soon
Permit2	Token approval manager	Uniswap	0x000000000022D473030F116dDEE9F6B43aC78BA3	0x000000000022D473030F116dDEE9F6B43aC78BA3