Hassan Maishera
On Friday, Uniswap Labs announced via X that it has launched Uniswap v4, and it is now live on Ethereum, Polygon, Arbitrum, OP Mainnet, Base, BNB Chain, Blast, World Chain, Avalanche, and Zora Network.
With this launch, users can provide liquidity on Uniswap v4 through the Uniswap web app, and swapping will roll out over the coming days on the web and wallet as liquidity migrates to v4.
V4’s modular plugins allow developers to create custom logic for pools, swaps, fees, and LP positions. Over 150 hooks have already been developed, introducing everything from dynamic fees to automated liquidity management. By allowing developers to build and experiment directly on top of the protocol, hooks enable faster development cycles and stickier integrations.
Uniswap v4 provides gas savings for both swappers and LPs. Creating new pools with v4 is up to 99.99% cheaper than in previous versions, and swappers can expect gas savings on multi-hop swaps.
Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. No order book or centralized party is required to make trades. UNI, the native token of Uniswap, is currently trading at $8.443, down 22% in the last 24 hours.
