Uniswap Plans to Release its V4 This Week

Uniswap, the largest decentralized exchange (DEX) by volume, said it’s planning to deploy its V4 this week, according to a Jan. 21 X post.

According to the post, V4 deployments will begin rolling out this week, allowing developers to test hooks and integrations on the blockchain. By next week, all contracts will be fully deployed and launched.

Uniswap V4 aims to add flexibility to the DEX with features including hooks, singleton, flash accounting, native ETH, and lash accounting.

New Features

Hooks allows anyone to add custom functionality to their concentrated liquidity pools before deploying them. Singleton implements a single contract that holds all liquidity pools, reducing the cost of pool creation and custom hop trades.

With flash accounting, a caller can lock a liquidity pool and access any of its tokens as long as no tokens are owed to the caller or from the pool at the end of the lock. The feature also reduces the cost of trades involving multiple pools.

Native ETH returns in Uniswap V4, allowing ETH swappers and liquidity providers to access cheaper gas fees and zero additional wrapping costs. Finally, custom accounting introduces new use cases, such as hook withdrawal fees, wrapping assets, and constant product market maker curves.

Despite the announcement, Uniswap’s native token, UNI, has fallen by 5% in the last 24 hours. Meanwhile, competitors like Raydium, Hyperliquid, and Meteora have all appreciated in the same period, rising by 5%, 9%, and 16%, respectively.