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

Uniswap has launched a new ETH/USDC pool using a VolatilePair Hook that applies separate buy and sell fees, including temporary charges on trades that reverse large price moves. The design aims to retain more arbitrage value for liquidity providers rather than letting it leak to arbitrageurs. For traders, this could mean higher effective costs on sharp reversals in the ETH/USDC pair, while LPs may see improved fee capture; the broader market impact is limited as it is a protocol-level feature update.