Uniswap Labs Has Launched Uniswap v4

Uniswap Labs has released an update to the Uniswap v4 protocol. The new version of DEX supports 10 blockchain networks: Ethereum, Polygon, Arbitrum, OP Mainnet, Base, BNB Chain, Blast, World Chain, Avalanche and Zora Network. Uniswap v4 is hereUsers can LP on v4 through the Uniswap web app and swapping is rolling out over the coming days on web and wallet as liquidity migrates to v4Live on Ethereum, Polygon, Arbitrum, OP Mainnet, Base, BNB Chain, Blast, World Chain, Avalanche, and Zora Network pic.twitter.com/fXC9GHEsaL — Uniswap Labs (@Uniswap) January 31, 2025 The v4 liquidity pools are already available through the web app, and swaps will be added within a few days. According to the team, the upgrade “turns the Uniswap protocol into a platform for developers”. At the heart of the new version are special hooks contracts with detailed parameter customization for pools, swaps, fees and order interactions. The creators noted that v4 is the cheapest version of the protocol to date. Organizing pools will be 99.9% cheaper than the previous iteration, Uniswap v3. Swap users have been promised savings on multicast exchanges. According to a statement from the team, the development utilized suggestions from “hundreds of community members.” The update code went through nine security audits, and as part of the bounty program, the company paid out $15.5 million. No critical vulnerabilities were found. In July 2023, the Uniswap team announced that it would launch the fourth version of the protocol within four months of the Dencun hardfork on the Ethereum blockchain. Shortly before that, the creators published a “draft” of the v4 code, which had not yet undergone a number of audits and refinements. According to dYdX analysts, the volume of derivatives trading on DEX will reach $3.48 trillion in 2025.