Uniswap is a protocol for trading automated liquidity provision on Ethereum. Hayden Adams is founder of Uniswap, one of the most widely used decentralized applications built on Ethereum.

Uniswap recently launched the Auto Router in the Uniswap Interface. It delivers better execution prices for traders by splitting routes, using more data, and factoring in gas costs.

Split Routes, the Auto Router can split trades across up to seven routes to take advantage of liquidity in different pools.

More powerful algorithm, The Auto Router uses a larger data set for more efficient execution, especially on large trades.

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.

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.

Uniswap community projects are welcomed to use the Auto Router too. The code is fully open source on the Uniswap github.

Community response:  You are collecting fees on transactions that don’t go through. I’ve lost hundreds and hundreds of dollars from fees you have charged an incomplete transactions. I will be filing a formal complaint.

Great. How do you avoid government crackdown?

This is written in TypeScript. How about in Rust? That should be faster in algorithmic calculation.

Split routes pays more gas fee, more often doesn’t give better rate that’s enough to offset higher fee and transactions fail more easily. Would be great if make this just an option.

Not to diminish this update, but how much utility does it really provide? In most cases, not all liquidity is located in Uniswap so there is absolutely no reason to use this over @MEVprotection, @matchaxyz, @paraswap, @1inch, and the other numerous swap aggregators.

Precisely, the point of this update is to increase the efficiency of capital through pools to 1. Reduce significantly dead liquidity 2. Be selected more often by aggregators.

Looks like Apple adding a “new” feature but already existing on Android.

A smell of gunpowder here. Firmly believe that the current arms race will bring another DeFi summer shortly. So many innovations and progresses and competitions.  I got wet about this.

Having this on-chain would be so cool. A router that allows to simply swap token A for B and uses the optimal route in UniV3.