Uniswap Announces Phased Deployment of V4
Uniswap, a leading decentralized exchange (DEX) announced the forthcoming release of its highly anticipated version 4.
On this page
The project started rolling out deployments so that builders could test the features of the platform.
In a January 22 post on X, the project said they expect all contracts to be deployed for a full launch next week. This means, soon users will be able to interact with Uniswap v4 themselves.
Uniswap launched its V3 in 2021. With V4, the project aims to provide greater flexibility and efficiency. Central to this upgrade is the introduction of “hooks,” customizable smart contracts that execute at specific points in a pool's lifecycle.
These hooks empower developers to implement features such as dynamic fees, on-chain limit orders, and time-weighted average market makers (TWAMMs), thereby offering more tailored liquidity management solutions.
Another major change is the use of a “singleton” system, where all liquidity pools are managed within one smart contract. This setup helps save on transaction costs and makes trading more efficient by removing the need to move tokens between different pools. Early estimates suggest it could cut the cost of creating new pools by up to 99%.
As the project progresses, the Uniswap team anticipates that v4 will set a new standard in the decentralized finance (DeFi) sector, offering users an improved trading experience and attracting a broader range of liquidity providers and traders.
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.
Articles by this author
