Uniswap Seeks to Change DEX Game Again With v4’s “Hooks”

Uniswap Labs’s v4 version of the decentralized exchange, Uniswap, aims to improve flexibility and efficiency by introducing hooks and flash accounting. The highlight of v4, announced in a post on Friday, is the introduction of "hooks," modular plugins that empower developers to implement custom logic for pools, swaps, fees, and liquidity provider positions. This innovation enables features such as dynamic fees and automated liquidity management, aiming to deepen liquidity and increase swap activity. Uniswap hopes that the increased customization available will transform the protocol into a "developer platform” as hooks unlock “unlimited new features.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io