Uniswap Launches ETH/USDC Pool With Separate Buy and Sell Fees

The design is a notable shift from the flat-fee model that has defined AMM pools, effectively letting liquidity providers price directional flow and recapture some value that arbitrageurs typically extract. It matters most for LPs weighing whether passive liquidity can compete with more actively managed venues. Whether the asymmetric fee structure attracts meaningful volume or pushes traders toward alternatives is the open question, and whether other pools adopt the hook will signal if this becomes a template or a one-off experiment.