Uniswap Launches StablePair Hook for Stablecoin Pairs

Uniswap Labs launched StablePair Hook on September 10, a dynamic-fee hook for stable pairs on Uniswap v4 that goes live with two pools on Ethereum mainnet: USDC/USDG and USDC/USDT.

The launch targets one of decentralized finance’s busiest corners, with the company saying stablecoin-to-stablecoin swaps reached $43.4 billion in the second quarter, more than the next three onchain venues combined, according to its announcement.

The hook is the first upgradeable dynamic-fee design from Uniswap Labs, built to give liquidity providers a bigger share of the value they create.

A Dynamic Fee That Follows Price Drift Stable pairs trade around a known rate, so most of their value sits in bringing the price back to parity.