Uniswap v4 Launches, Expanding DeFi Capabilities
- Uniswap v4 is now live on multiple platforms including Ethereum, Polygon, and Avalanche.
- The new version introduces over 150 customizable “hooks” for dynamic fees and liquidity management.
- Pool creation costs are reduced by up to 99.99% compared to previous versions.
- The codebase has undergone nine audits and a $2.35 million security competition with no critical bugs found.
- Despite the launch, UNI token price declined by 1.03%, trading at $12.03 with a market cap of $7.23 billion.
Uniswap v4 enhances developer flexibility with significant cost reductions and robust security measures, but the UNI token continues to face price declines post-launch.
Source (2.6)https://coingape.com/uniswap-v4-goes-live-expands-defi-capabilities-across-ethereum-and-l2s/?rand=24432