latest: Uniswap Set for Major Upgrade with V4 Launch in Q3 2024

The Uniswap Foundation has exciting news for the decentralized finance sector: the launch of Uniswap V4 is tentatively set for the third quarter of 2024, hinging on the successful implementation of Ethereum’s Dencun hard fork this March. This update marks a significant evolution from its current V3, which introduced the game-changing concept of concentrated liquidity in May 2021. Uniswap, a leader in automated market making since 2018, is moving towards a more modular structure in V4, integrating “hooks” for enhanced liquidity pool customization. This includes dynamic fees and on-chain limit orders, aiming to offer liquidity providers lower fees through a “flash accounting” system enabled by the upcoming Ethereum protocol change, EIP-1153. With these advancements, Uniswap is not just improving its infrastructure but is also setting new standards for decentralized exchanges by prioritizing security, efficiency, and user-centric innovations.

Twitter

73.3K Reads