UNISWAP (UNI), the upper decentralized exchange (DEX) by trading volume, has deployed a new protocol upgrade on several channels.
The DEX says that its new “V4” transforms the protocol into “developer platform”.
“Rendered possible with the introduction of hooks – contracts that allow anyone to personalize how pools, exchanges, costs and LP (liquidity provider) positions interact. The hooks mean new unlimited features that cause deeper liquidity and more swaps.
The lowest version of the protocol to date. Pools on V4 should be 99.99% cheaper to create, and Swappers can expect significant savings on multi-hop swaps. In addition, the ethnic support adds significant savings for Eth pairs. »»
UNISWAP also indicates that the upgrade has undergone nine audits, a security competition and a $ 15.5 million bug bonus – none of which described critical vulnerability.
UNISWAP V4 is currently live on Ethereum (ETH), Polygon (MATIC), Arbitrum (ARB), OPTIMIME (OP) MAINNET, BASE, BNB CHAIN, Blast, World Chain (WLD), Avalanche (AVAX) and Zora Network.
Uniswap is the highest DEX by trading volume, according to Coingecko data.
Uni is negotiated at $ 11.85 at the time of the editorial staff. The cryptographic asset classified 28th by market capitalization is down more than 2% in the last 24 hours and almost 6% in the last seven days.
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