Uniswap launches no-code token auction feature

Uniswap has launched a no-code auction feature that allows users to create and sell cryptocurrencies on the web without any coding knowledge, The Defiant reported. The feature distributes tokens at a single price based on bids, a method designed to prevent bot-driven front-running and price manipulation. Once a token sale concludes, a trading market is automatically opened on Uniswap. Aztec (AZTEC) previously raised $59 million using a similar method.