Building on Uniswap v4's Momentum

Uniswap v4 transforms the protocol into a developer platform through the introduction of hooks, modular plugins that allow developers to build custom logic for pools, swaps, fees, and LP positions. Over the past months, we’ve been excited to see builders use v4 to push the boundaries of DeFi, with over 678 hooks initialized; generating $420M in volume (source: Dune). To accelerate v4 builders, we committed a grant to Areta to start the Uniswap Foundation Security Fund (UFSF); improving developer access to security audits. The first cohort included 7 teams, spanning rehypothecation, credit default swaps and oracle-less margin trading. Now, we’re excited to announce the projects selected for UFSF Cohort 2.

Meet the Second Cohort

We're thrilled to announce the selection of the following projects for our second cohort of audit subsidies:

1. Angstrom (Sorella Labs) - Building a DEX that controls transaction ordering to prevent value extraction, redirecting MEV back to users through application-specific auctions.
2. Clanker - Enabling stakeholder-aligned token launching on any platform where creators earn from trading fees rather than token sales.
3. M^0: Creating a stablecoin platform enabling anyone to design and build application-specific stablecoins by extending M^0's canonical stablecoin building block.
4. Numo: Creating a dynamic AMM providing continuous liquidity to onchain FX markets with a specialized curve supporting various derivative products without oracles.
5. Panoptic: Developing the canonical oracle hook for Uniswap v4 to power permissionless, onchain price feeds while building a permissionless options protocol.
6. Rigoblock: Developing a universal price feed for DeFi applications as a PoS-resistant oracle designed to minimize price manipulation.
7. Silicon Valley Fund (Semantic Layer): Building an AI-driven platform launching autonomous "AI Quants" with unique trading strategies, allowing users to influence trading decisions.
8. Solo Labs: Providing Automated Liquidity Management, innovative oracle design, and complex smart contract logic. The team is experienced with dynamic, risk-adjusted fee structures, automated real-time rebalancing, and single-token liquidity strategies.

The Road Ahead

Selected projects will now work with their chosen security providers through Areta's marketplace to audit their hooks. The Uniswap Foundation will continue to support these teams throughout the audit process, ensuring they have the resources needed to launch secure and production-ready hooks.

For more information about the UFSF and upcoming opportunities, please visit Areta’s Notion Hub or join their Telegram group.

Resources

• Notion Hub: https://valiant-polo-a06.notion.site/Uniswap-Foundation-Security-Fund-UFSF-1762019bf07380ebb00bca873a98f300
• Auditor Interest Form: https://areta.fillout.com/ufsf-auditors
• Hook project interest form: https://areta.fillout.com/UFSF
• UFSF Telegram Group: https://t.co/egNjjLXIjY
• UFSF Grant Announcement: https://uniswapfoundation.mirror.xyz/v6aMiVHOHERaXy6BJqY0YWLM-tW-bf22AM66vYN3QEo
• UFSF Cohort #1 Recipient Announcement: https://uniswapfoundation.mirror.xyz/EZFncNsBhPIc-wdqI4LhtWV8WciGUFRZ3kyZfKTczAA

Special thanks to Dennis Rasch for his collaboration on this announcement and role in building the UFSF.