Uniswap V4 DeFi Protocol Launches on Ethereum and Beyond—Here’s What’s New

Ethereum decentralized exchange Uniiswap launched his V4 platform on Friday, building on earlier versions liquidity pools Cheaper and unlocking new development opportunities for builders in the industry.

Built via development contributions of more than 100 members of the community, the latest version of Uniswap – described described by the uniswap foundation As “an important milestone in the evolution of Defi”-is now live on 12 chains, including Ethereum MAINNET and Layer-2 networks such as Arbitrum and Basic, plus people like Avalanche and BNB chain too.

In addition to a reduction in the costs of liquidity pools by 99.99%, Uniswap V4 grants new opportunities thanks to the introduction of hooks, or Modular Plug -Sins With which developers can adjust Pools, Swaps, costs and polar positions.

For example, a dynamic reimbursement hook can enable automatic cost adjustments based on market conditions, while an automatic removed hook would re -balance consistente and make optimization of a liquidity position possible.

So far, more than 150 hooks have been developed as a part of subsidies and programs organized by the Uniswap Foundation. The foundation said that such upgrades offer strong benefits and offer opportunities to achieve multiple demography in crypto.

“For chains, V4 offers a path to increase the growth of their Defi Ecosystems and to support their developer communities. For protocol teams, V4 makes a way possible to improve the user experience and to distinguish itself. And for developers, V4 offers a platform to build powerful new Defi applications, “the foundation wrote.

The latest version is now accessible for liquidity providers, with V4 -Tokswaps that roll out in the coming days.

The V2 and V3 from Uniswap have so far facilitated more than $ 2.75 trillion in Swaps. In Building V4, the protocol organized a BUG -Bounty of $ 15.5 million and held nine separate security audits to prevent possible problems with the new version.

In October 2024, Uniswap Labs plans To build your own Layer-2 network, Unichain. The native governance token uni of the protocol has fallen by 1% to $ 12 in the last 24 hours.

Published by Andrew Hayward