Uniswap V4 deployment is to start this week ahead of the official launch in the coming week.
Decentralized Exchange (DEX) Uniswap Labs has officially announced that the development of its version 4 (V4) engine will begin this week.
This marks a significant milestone in the protocol’s evolution. According to the announcement, the update will allow developers to test new features, such as “hooks” and seamless integration on the blockchain.
Uniswap v4 to Launch with Lots of Features
The full deployment of all contracts for the new version is expected to go live by next week. Uniswap V4 aims to improve the decentralized exchange’s efficiency and scalability. The hooks addition will also support a more modular approach to building on Uniswap, allowing projects to add specific features without modifying the entire protocol.
v4 deployments will begin rolling out this week for builders to test hooks and integrations onchain
We expect all contracts to be deployed for a full launch next week
DeFi renaissance in progress, contract addresses will be shared soon
🦄🦄🦄🦄
— Uniswap Labs 🦄 (@Uniswap) January 21, 2025
As noted earlier, one key enhancement with Uniswap v4 is the Hooks innovation, which allows developers to execute custom code before and after swaps. This functionality will support advanced features such as limit orders, fee management, custom oracles, and automated liquidity management.
Some other notable upgrades with the launch are gas savings, dynamic fees, native ETH support, flash accounting, and multiple pool types. This hands-on approach will allow developers to fine-tune their applications. It will also help ensure they are ready for deployment when Uniswap V4 officially launches next week.
Recall that the v4 upgrade was tentatively scheduled for release in the third quarter of last year following the Ethereum Dencun upgrade. However, despite these plans, the fourth iteration of the decentralized exchange remained in the testing phase throughout 2024.
Meanwhile, in November 2024, the Uniswap team announced a bug bounty program for the v4 core smart contracts. This program offered a payout of $2,000 and above for identifying unique vulnerabilities that lead to code changes.
With Ethereum’s decentralization upgrade catalyzing innovation, Uniswap stands poised to usher in a new era of dominance, one trade at a time.
New Features Improve Decentralized Exchange Usability
Last year, the decentralized exchange announced some exciting features that make swapping easier and smarter. These updates include the Uniswap Extension, Limit Orders, and Data & Insights. The exchange’s new browser extension lets users access swapping, transaction signing, and crypto management from their browser sidebar.
This means users do not have to switch between windows or reload pages to use some Uniswap services. Furthermore, users can now set a specific price for buying and selling tokens. The exchange also improved its data and insight pages.
It is worth noting that Uniswap introduced these new features to simplify swapping, automate trades, and provide valuable analytics. Uniswap has facilitated over $2 trillion in swap volume as a prominent decentralized exchange platform. Beyond this, it has enabled millions of users to engage in on-chain swaps since its inception.
Now, Uniswap aims to enhance the user experience even further with the V4 release.
next