Wu Shuo learned that, according to OAK Research, Uniswap's main competitor Fluid will release version V2 this month; since the launch of V1, Fluid has processed over $200 billion in trading volume, making it the second-largest DEX on Ethereum. The key breakthrough of Fluid V2 is Flash Accounting, which consolidates all pools into a single Singleton contract, with token transfers settled only at the end of the transaction. This architecture enables higher LTV levels and reduces penalties to 0.1%.