UNISWAP, leader in decentralized exchanges, deploys its version 4 on twelve major blockchains. This strategic development strengthens its position in an increasingly competitive deffi market.
Uniswap V4 deployed on 12 blockchains, a major advance
On January 31, the UNISWAP Foundation deployed version 4 of its decentralized exchange protocol (DEX) on 12 major blockchain networks. This launch not only includes Ethereum, but also scaling solutions such as Arbitrum, Base, Optimism and Polygon, as well as Avalanche, marking a significant expansion of the Uniswap ecosystem.
The flagship innovation of this update Resides in the introduction of “hooks”, plugins allowing developers to implement a personalized logic for trading pairs. The foundation has already argued around 800 developers who have created 150 unique hooks, demonstrating the craze for this new feature.
These hooks offer advanced capacities, in particular the dynamic adjustment of swap costs, optimization of yields via the loan of inactive liquidity, and enhanced protection against attacks of the sandwich type and other MEV strategies (maximum extractionable value).
A decisive turning point in a competitive market
The launch of the V4 arrives at a strategic moment for Uniswap. In early 2024, the platform saw Raydium, the main DEX of Solana, exceed it in terms of transaction volume. According to Defillama, Raydium reached $ 122 billion in volume over 30 days, compared to 96 billion for Uniswap.
This new version, delayed compared to its initial planning of 2023, marks the first major evolution since the V3 of May 2021. It completed the Innovation Strategy of Uniswap, which had already launched its Layer 2 solution in October, Unichain, For faster and less expensive transactions.
In the coming weeks, the Foundation intends to deploy the V4 on other blockchain networks, thus strengthening its position in the Defi ecosystem in the face of growing competition. In parallel, the BTCFI is experiencing spectacular growth, its total locked value from 307 million to $ 6.5 billion in 2024.
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