Uniswap Labs launched Uniswap v4 on Friday, introducing significant enhancements to its decentralized exchange (DEX) platform. In a post on X, Uniswap announced that the long-awaited upgrade brings features like "hooks" for customizable swaps and improved gas efficiency. Uniswap v4 builds on the success of v2 and v3, which have collectively processed over $2.75 trillion in trading volume without a single hack, according to a Uniswap blog post. Uniswap highlighted that v4 transforms its protocol into a "developer platform," enabling anyone to customize how pools, swaps, fees, and liquidity provider (LP) positions interact. The exchange explained that these hooks unlock “unlimited new features,” ultimately driving deeper liquidity and increasing swaps. Uniswap revealed on X that pools on v4 are expected to be 99.99% cheaper to create, and users can expect to save more on multi-hop swaps. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io