Uniswap Labs is about to launch its v4 upgrade on mainnet, introducing a number of new features. The long-awaited upgrade will focus on faster transactions, a smoother user experience, and increased customization tools for developers.
Uniswap’s UNI token has undergone highly volatile price actions in the last few weeks, but this upgrade may help stabilize its market.
Uniswap Prepares for v4 Upgrade
Uniswap, a popular Ethereum-based decentralized exchange, is planning to launch its long-awaited v4 expansion this week. The firm announced this rollout through social media and noted that v4’s focus will be consolidation and modularity.
In essence, 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. Last November, the firm offered a record-breaking bug bounty to assess core vulnerabilities in v4 and make sure its security was state-of-the-art.
This audacious bounty followed nine rounds of audits and a contest. Since these tests began, however, there have been few updates on the mainnet rollout.
Meanwhile, Uniswap’s UNI token has seen dramatic price actions in recent weeks. 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.
Wirex
YouHodler
eToro
eToro
eToro
eToro
Phemex
Zoomex
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
