{"id":365354,"date":"2025-02-03T18:30:11","date_gmt":"2025-02-03T13:00:11","guid":{"rendered":"https:\/\/dripp.zone\/news\/uniswap-labs-launches-new-defi-protocol-crypto-news\/"},"modified":"2025-02-03T18:32:59","modified_gmt":"2025-02-03T13:02:59","slug":"uniswap-labs-launches-new-defi-protocol-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/uniswap-labs-launches-new-defi-protocol-crypto-news\/","title":{"rendered":"Uniswap Labs launches new DeFi protocol &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400\">Uniswap Labs, the leader of the largest decentralised exchange, on Friday, announced the latest and most flexible version of its defi protocol \u2013 the Uniswap v4.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In what its Founder and CEO <\/span><span style=\"font-weight: 400\">Hayden Adams<\/span><span style=\"font-weight: 400\"> hailed as a \u201cnew era of DeFi\u201d, launch of v4 comes after it announced in Nov last year the largest bug bounty of $15.5M in history \u2013 as an incentive to find vulnerabilities in Uniswap v4 core before its final launch on this Jan 31. <\/span><span style=\"font-weight: 400\">Apart from the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/uniswap-labs-announces-record-15-5-million-bug-bounty-for-security-issues\/\">bounty<\/a>, extensive reviews including Nine audit reports on core and periphery contracts, $2.35M security competition have been made for v4 before it went live on Friday. <\/span><span style=\"font-weight: 400\">As of now, Uniswap v4 is\u00a0 being made live on Ethereum, Polygon, Arbitrum, OP Mainnet, Base, BNB Chain, Blast, World Chain, Avalanche and Zora Network.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Uniswap v4 Offers Hook Contracts for Developers<\/span><\/h2>\n<p><span style=\"font-weight: 400\">As a successor to v2 and v3, Uniswap v4 is offering unlimited customizability or modification actions to the developers by new feature \u2013 Hook Contracts. <\/span><span style=\"font-weight: 400\">The newly introduced feature of hook allows any of the developers to create new types of market structures, build bespoke trading features or make add-ons directly into the protocol \u2013 opening avenues for new startups to experiment and implement their own DeFi innovation. Developers can customize how pools, swaps, fees, and LP positions interact\u00a0<\/span><span style=\"font-weight: 400\">Unlocking tons of creativity, hooks by the third-party developers are deemed to drive deeper liquidity and more options for swapping. <\/span><\/p>\n<p><span style=\"font-weight: 400\">If you are one of the developers and wish to create your own hook, the complete step-by-step <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/docs.uniswap.org\/contracts\/v4\/guides\/hooks\/your-first-hook?_gl=1*7p6fkp*_gcl_au*MjU2NzI0NzY5LjE3Mzg1ODA5Mjg.\">guide<\/a> can be accessed after clicking on \u2018guide.\u2019<\/span><span style=\"font-weight: 400\">Apart from hooks, the white paper on v4revealed that it is also offering other new features such as Singleton, Support for Native ETH and Flash &#038; Custom Accounting:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><b>Singleton contracts<\/b><span style=\"font-weight: 400\"> will hold all pool states in one contract.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\"><strong>Custom Accounting<\/strong> will allow hook developers to alter end user actions \u2013 such as \u2013 adding withdrawal fees on LP positions, customized LP fee models etc.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\"><strong>Native ETH<\/strong> is being bought back in Uniswap v4<\/span><\/li>\n<li style=\"font-weight: 400\"><b>flash accounting <\/b><span style=\"font-weight: 400\">will allow a caller to lock the pool and access any of its token as long as they are not owned by the end of the lock.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Moreover, the gas savings for both swappers and Liquidity Providers (LPs) are 99.99% cheaper than what was in V2 and V3.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">How is Uniswap v4 different from its earliest protocols?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Launched in 2018, Uniswap v1 and V2 used constant product market maker (CPMM) model to facilitate ERC-20 <> ETH and ERC-20 <> ERC-20 swap while v3 introduced concentrated liquidity. Though the updated Uniswap V3 added flexibility for liquidity providers, it lacked flexibility to support new evolving functionalities of DeFi. Moreover, the previous versions required deployment of a new contract for new pools \u2013 ultimately increasing cost scales for the traders. However, this new protocol of v4 is built on the automated market maker (AMM) model aim to efficiently facilitate value exchange on the Ethereum Virtual Machine (EVM). Apart from it, Uniswap v4 is also supporting the mining\/burning of Singleton-implemented ERC-6909 tokens.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Today\u2019s the day: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/Uniswap?ref_src=twsrc%5Etfw\">@Uniswap<\/a> v4 is live, and we couldn\u2019t be more hyped \ud83d\ude2c<\/p>\n<p>To celebrate, we made a special video celebrating Uniswap Protocol\u2019s journey from its inception to v4, now introducing the OpenZeppelin Uniswap Hooks Library, funded by the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/UniswapFND?ref_src=twsrc%5Etfw\">@UniswapFND<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/lOOwCWypfc\">pic.twitter.com\/lOOwCWypfc<\/a><\/p>\n<p>\u2014 OpenZeppelin (@OpenZeppelin) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/OpenZeppelin\/status\/1885368934087491705?ref_src=twsrc%5Etfw\">January 31, 2025<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">Thus, the new customizable feature as it awaits for new hook contracts can indeed began \u201ca new era for DeFi\u201d by unfolding the creativity of third-party developers.<\/span><\/p>\n<p>\n    Disclaimer: The content may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.\n    <\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uniswap Labs, the leader of the largest decentralised exchange, on Friday, announced the latest and most flexible version of its defi protocol \u2013 the Uniswap v4.\u00a0 In what its Founder and CEO Hayden Adams hailed as a \u201cnew era of DeFi\u201d, launch of v4 comes after it announced in Nov last year the largest bug [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":365360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-365354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/365354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=365354"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/365354\/revisions"}],"predecessor-version":[{"id":365361,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/365354\/revisions\/365361"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/365360"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=365354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=365354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=365354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}