Catenaa, Wednesday, January 29, 2025 – The version four deployment of Uniswap Labs is in the pipeline, reports on January 21 said.
Uniswap is a decentralized cryptocurrency exchange built on the Ethereum blockchain that enables users to trade digital assets directly through automated liquidity pools without the need for intermediaries.
Uniswap has not yet informed the exact date of the V4 release. However, it said that “contract addresses will be shared soon.”
The Initiative will allow the developers to test “hooks and integration on the chain,” an X post by Uniswap said.
Uniswap expects to make its V4 upgrade a full launch, deploying all contracts.
New features included a singleton, the liquidity architecture designed for rapid transactions with lower gas fees, the addition of hooks, the contracts that allow developers to access easily the liquidity pools, and flash accounting would provide the users smooth accessibility.
The V4 mainnet of Uniswap had been planned to launch for the last few years, but was delayed due to audits and contests, reports said.
Further, the reports said that the UNI token of Uniswap represents a zig-zag route over this month other than a steady performance.
The analysts believe that the upcoming upgrade would be beneficial for Uniswap to record a top place depending on the records of Uniswap’s V3, which hit a significant market value.
