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Uniswap StablePair pools adjust fees based on price deviation

Odaily reports that Uniswap posted on X platform stating that StablePair pools set a range around a reference price, and when the price deviates from this range, the Hook measures the degree of deviation. Swaps that push the price further away from the range incur no fees; swaps that correct the price deviation enter a Dutch auction, where LP fees start at a higher level and decrease block by block until the swap is executed. Uniswap stated that LPs can benefit in both scenarios.