20.8 C
New York
Monday, February 10, 2025

Uniswap v4 Goes Live on 10 Chains


Key Points

  • Uniswap v4 is lastly dwell on extra chains and customers can LP on v4 through the Uniswap internet app.
  • v4 turns Uniswap Protocol right into a developer platform.

Uniswap Labs lastly introduced the launch of Uninswap v4. In a publish on X right this moment, January 31, the crew behind the undertaking introduced that Uniswap v4 is dwell on the next chains:

  1. Ethereum
  2. Polygon
  3. Arbitrum
  4. OP Mainnet
  5. Base
  6. BNB Chain
  7. Blast
  8. World Chain
  9. Avalanche
  10. Zora Network

According to the official announcement, customers can LP on v4 through the Uniswap internet app. Also, swapping is rolling out over the approaching days on the internet and pockets as liquidity migrates to v4.

Uniswap official announcement
Uniswap official announcement

Uniswap Protocol Becomes a Developer Platform

The Uniswap v4 turns the protocol right into a developer platform, in response to the crew behind the undertaking.

This is made attainable with the introduction of hooks – contracts that enable anybody to customise interactions between:

  • Pools
  • Swaps
  • Fees
  • LP positions

Hooks contain limitless new options that drive deeper liquidity and extra swaps.

The Lowest-Cost Version of the Protocol

V4 is the lowest-cost model of the protocol up to now. on v4, swimming pools are anticipated to be 99,99% cheaper to create, and swappers can anticipate important financial savings on multi-hop swaps.

Also, the crew at Uniswap (UNI) introduced that the native ETH assist provides important financial savings for ETH pairs.

Built Alongside Community, With Rigorous Audits

Uniswap v4 was in-built public with rigorous audits, the crew notes. This model was reportedly constructed alongside the neighborhood, with contributions from lots of of neighborhood members.

It’s necessary to spotlight that zero important vulnerabilities have been discovered following:

  • 9 audits
  • A $2.35 million safety competitors with over 500 members
  • A $15.5 million bug bounty – the biggest one in historical past, in response to official notes

LPs and Swappers

The crew behind the undertaking additionally addressed:

  • LPs – customers can migrate liquidity to v4 or create new positions with hooks.
  • Swappers – v4 routing is rolling out on Uniswap merchandise within the coming days, and swaps will robotically route through UniswapX, v2, v3, and v4 liquidity swimming pools.

The new Uniswap v4 launch is predicted to usher in a brand new period for DeFi.



Latest Posts

Don't Miss