Uniswap Introduces StablePair Hook for Enhanced Stablecoin Liquidity
Uniswap Labs launched its StablePair Hook on Ethereum mainnet on September 10, 2026. The feature supports USDC/USDG and USDC/USDT pools initially.
The hook changes fees based on the pool's deviation from a configured reference rate and the direction of an incoming swap. It targets stablecoin liquidity, where small price differences create substantial trading activity.
Uniswap cited $43.4 billion in stablecoin-to-stablecoin swaps on its platform in the second quarter, exceeding the combined volume of the next three onchain venues.