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Cryptocurrency News Articles
Uniswap Labs Prepares to Launch Its v4 Upgrade on Mainnet, Introducing a Number of New Features
Jan 23, 2025 at 08:46 am
The long-awaited upgrade will focus on faster transactions, a smoother user experience, and increased customization tools for developers.
Uniswap Labs is finally preparing to launch its much-anticipated v4 upgrade on the mainnet This integration will introduce several new features, focusing on faster transactions, a smoother user experience, and increased customization tools for developers.
Uniswap’s UNI token has seen highly volatile price actions in the last few weeks, but this upgrade may help stabilize its market.
Uniswap Prepares for v4 Upgrade
As a popular Ethereum-based decentralized exchange, Uniswap is planning to launch its long-awaited v4 expansion This rollout was announced by the firm on social media, where it noted that v4’s focus will be consolidation and modularity.
Essentially, Uniswap will use “hooks” to allow developers to customize functions and carry out procedures with a single smart contract.
“v4 deployments will begin rolling out this week for builders to test hooks and integrations onchain. We expect all contracts to be deployed for a full launch next week. DeFi renaissance in progress, contract addresses will be shared soon,” Uniswap claimed.
The community has been waiting for Uniswap to mainnet v4 since 2023. In November of last year, the firm offered a record-breaking bug bounty to assess core vulnerabilities in v4 and ensure its security was state-of-the-art.
This audacious bounty followed nine rounds of audits and a contest. However, since these tests began, there have been few updates on the mainnet rollout.
Meanwhile, Uniswap’s UNI token has seen dramatic price actions in recent weeks. In the last month, UNI hit a three-year high, which was immediately followed by a steep price drop. Throughout January 2025, UNI has continued this erratic series of zig-zags.
So far, Uniswap has not managed to generate bullish momentum with an official release date for the v4 mainnet launch.
Still, precedent shows that the v4 upgrade could substantially benefit Uniswap. Its v3 upgrade went live in 2021 and ushered in a major increase in trading volume in the following months.
Even a fraction of this success might help turn the current volatile price actions into steady growth. Until the launch happens, however, it’s difficult to make definitive predictions.
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