Uniswap, a leading decentralized exchange, has launched its latest version called Uniswap v4. This update is available across 12 blockchain networks. This major upgrade introduces “hooks,” which are modular plugin that allow developers to customize the platform’s logic for pools, swaps, fees, and liquidity provider positions.
Uniswap Works on Multiple Blockchains
Uniswap v4 is now available on major network such as Ethereum, Polygon, and Arbitrum, among others. This broad integration aims to boost decentralized finance innovation across various ecosystems, providing users with enhanced trading experiences and developers with a platform to build advanced DeFi applications.
New feature Called Hooks Added
The new version introduces a feature called “hooks,” which allows developers to customize the platform’s functionality. This means that developers can create new and innovative applications on top of the decentralized exchange, making it more useful and flexible for users.
The Uniswap Foundation has been proactive in supporting the growth of the v4 ecosystem, providing grants and programs that have onboarded over 800 builders and facilitated the development of over 150 new hooks.
Seamless Integration Across Blockchains
The latest version is designed to work seamlessly across different blockchain networks, making it easier for users to trade cryptocurrencies and for developers to build new applications. The platform’s foundation has also provided support and resources to help developers get started with building on decentralized latest version.
Users can now provide liquidity on the latest version through the decentralized exchange’s web app, with swapping capabilities being rolled out progressively. This phased approach ensures a smooth transition for user and liquidity providers.
The launch of the latest version of the decentralized exchange marks a significant milestone in the evolution of DeFi, offering enhanced customization and broader accessibility. As the platform continues to evolve, it is poised to play a crucial role in shaping the future of decentralized finance.
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