Uniswap Labs has announced that the release of the much-anticipated Uniswap V4 is dependent on the successful integration of EIP-1153 into Ethereum’s Cancun upgrade and the completion of an extensive auditing process. If no security issues or delays occur, V4 is likely to be launched later this year.
What is Uniswap V4?
Uniswap V4 is the upcoming version of the popular decentralized exchange, Uniswap. It is expected to expand on the DEX’s coin-swapping capabilities by introducing “hooks” and custom liquidity pools. These new features aim to implement on-chain limit orders and dynamic fees that might be accessible on more traditional exchange platforms but are not easy to bring in a blockchain setting that consists of no centralized infrastructures.
What are the New Features in Uniswap V4?
The new features in Uniswap V4 include the introduction of “hooks” and custom liquidity pools, which allow for the implementation of on-chain limit orders and dynamic fees. Additionally, the pool creation cost on Uniswap V4 will be slashed by 99% since all pools live within a single contract.
