Uniswap Labs has announced the launch of Uniswap v4, which is now available on 10 blockchains: Ethereum, Polygon, Arbitrum, OP Mainnet, Base, BNB Chain, Blast, World Chain, Avalanche, and Zora Network. The updated liquidity pools are already running in the platform’s web applications.
The key innovation of Uniswap v4 is the “hook” contracts, which allow users to flexibly manage pool parameters, fees, and exchange processes. Developers can use more than 150 “hooks” that provide dynamic pricing, automated liquidity management, and other features. This makes the new version of the protocol especially attractive to developers, simplifying the process of integrating and testing new solutions.
In addition to the increased customization options, Uniswap v4 has also become the most cost-effective version of the protocol. Creating new pools is now 99% cheaper than in Uniswap v3, significantly reducing costs for developers.
The update was originally scheduled to launch last year, but the need for additional code security testing led to a delay in the release. Now, after all the necessary tests have been completed, Uniswap v4 is officially available for public use.