UNISWAP Labs announced on Monday that it has acquired Guidestar, a stealth team focused on automated market makers (AMM) and routing technology.
The move will help Guidestar engineers, including founder Alex Nezlobin, to bolster research into advanced market design and execution. According to UNISWAP Labs, the acquisition is based on UNISWAP V4’s enhanced flexibility. This allows developers to adjust the liquidity pool and market structure of a variety of assets, from stubcoin and liquid staking tokens to real world assets and long-tailed tokens.
Guidestar has worked to adapt AMMS to a variety of market types and blockchain environments. Uniswap said the effort will increase efficiency and flexibility and expand the protocol’s ability to serve diverse on-chain markets.
In addition to market design, the acquisition will enhance Uniswap’s routing and execution work. This is key to ensuring optimal swap for your users. Guidestar’s expertise supports the improvement of Uniswapx, an off-chain and cross-chain protocol that aggregates liquidity beyond traditional pools.
Uniswap Labs said its goal is to make its products the fastest and most reliable path to competitive liquidity in decentralized finance.
The acquisition continues to drive UNISWAP broaderly towards a scalable and transparent market infrastructure. Terms of acquisition have not been disclosed.