Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Uniswap has revealed the launch of Uniswap v4, an upgrade that introduces several significant enhancements to the decentralized exchange protocol. The update, set to follow the Ethereum Cancun upgrades, includes a Singleton contract that consolidates all pools into a single contract, reducing gas costs by an estimated 99% in pool creation expenses. Hooks functions and a flash accounting system have also been added, enhancing routing options across pools and reducing gas consumption during swaps. Uniswap v4 also incorporates native ETH support and governance features, with the community able to govern the platform’s development.
