Uniswap v4: New Capabilities for Decentralized Exchange

user avatar

by Giorgi Kostiuk

2 years ago

Uniswap, a leading decentralized exchange platform, has launched its fourth version on 12 blockchain networks. The new version promises a series of innovations, including so-called 'hooks' that allow developers to create customizable logic for trading pairs.

New Features of Uniswap v4

Uniswap v4 introduces 'hooks'—special plugins for creating unique trading logic. These tools enable dynamic swap fees adjustment, lending of unused liquidity for added yield, automatic hedging against impermanent loss, and protection against maximum extractable value (MEV) strategies, such as sandwich attacks.

Scalability Support and Expansion

Uniswap v4 operates on layer-2 networks, including Arbitrum, Base, Optimism, and Polygon. The platform plans to expand to more blockchains in the coming weeks. The Uniswap Foundation has issued grants to approximately 800 developers to create 150 unique hooks.

Response to Market Competition

In 2024, Uniswap lost its leadership in trading volume to Raydium, the top DEX on Solana. The v4 launch follows the creation of its own layer-2 network, Unichain, which promises faster and cheaper transactions. However, delays in development pushed the v4 launch by a few months.

The new version of Uniswap v4 marks a significant advancement in decentralized exchange, offering users and developers additional tools and opportunities to interact with cryptocurrencies efficiently.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Defillama Releases New Report on Industry Metrics

chest

A new report has been released by Defillama, focusing on key metrics in the industry. This report aims to provide insights into the current trends and developments.

user avatarRajesh Kumar

Farside Enforces a Rigid Editorial Policy.

chest

Farside has announced a strict editorial policy focusing on accuracy, relevance, and impartiality to enhance reporting quality and build audience trust.

user avatarLucas Weissmann

New SEC Report Published.

chest

A report has been released based on information provided by the SEC, aimed at informing the public and increasing transparency regarding its activities.

user avatarFilippo Romano

Gal Gadot Embraces AI in New Bitcoin Thriller

chest

Gal Gadot stars in the AI-produced Bitcoin thriller 'Bitcoin Killing Satoshi', acknowledging the need to adapt to new technologies in film.

user avatarEmily Carter

Sorare Faces Legal Challenges Over Gambling Allegations

chest

Sorare is facing legal challenges from the Gambling Commission regarding its operations and the classification of its fantasy soccer game.

user avatarKaterina Papadopoulou

NCA Freezes £136 Million Linked to Premier League's Sponsorship Deal

chest

The UK's National Crime Agency has frozen over £136 million in a bank account belonging to the Premier League amid an investigation into a crypto sponsorship deal.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.