PANews reported on January 31 that according to Uniswap official news, Uniswap v4 is now online and has become the latest version of the Uniswap protocol. After code contributions from hundreds of community members, nine independent audits, the largest security competition in history, and a $15.5 million bug bounty, Uniswap v4 is now enabled on multiple chains including Ethereum, Polygon, and Arbitrum. This update makes the protocol a highly customizable developer platform. Through the "hooks" plug-in, developers can customize logic for functions such as liquidity pools, exchanges, and handling fees.
According to the data, Uniswap v4 provides lower transaction costs. The cost of creating a new pool is 99.99% lower than the previous version. It also supports ETH trading pairs, which significantly saves gas fees. At the same time, this version has no critical security vulnerabilities, and all codes are open, and community contributions and audits are welcome. Liquidity providers can migrate to v4 through the Uniswap application, and traders' exchange processes will also be automatically routed through the v4 liquidity pool.
