Uniswap Labs officially releases v4

UNISWAP V4 has been officially launched on several blockchain networks, with debut exchange features for all users in the coming days.

Uniswap Labs, the entity behind the decentralized uniswap exchange, announced that its fourth generation protocol was now available for public access. The upgrade introduces improvements to improve the operations of developers and liquidity on chain.

According to a company’s blog article, UNISWAP V4 is live on Ethereum, Polygon, Arbitrum, OP MAINNET, Base, BNB Chain, Blast, World Chain, Avalanche and Zora Network on January 31.

The company initially had foreseen To deploy V4 last year. However, delays occurred due to in -depth code checks to guarantee multiple safety and hackathons to test the protocol code. In addition, the team has audited the V4 code nine times and even issued a $ 15.5 million bug bonus to solve persistent architecture problems.

Two of the most important upgrades of the UNISWAP V4 are the introduction of “hooks” and the Singleton liquidity design. The hooks, in particular, drew attention when V4 was announced, while the upgrade promised to transform the UNISWAP into a decentralized application focused on developers.

Laboratories describe hooks as blockchain contracts built to allow personalized architecture for liquidity pools, chain swaps and cryptography costs. The hooks go hand in hand with the Singleton liquidity framework, which mixes UNISWAP liquidity in a single intelligent contract.

The UNISWAP engineers have said that the new liquidity architecture should allow cheaper transactions and faster exchanges to improve the experience of the end user.

More than 150 hooks have already been developed, introducing everything, dynamic costs to the automated liquidity management. By allowing developers to build and experiment directly above the protocol, hooks allow faster development cycles and more sticky integrations.

Uniswap blog article