The launch of the fourth version of the non-custodial exchange Uniswap is scheduled for the third quarter of 2024.
Now that the launch of Dencun on Mainnet has been scheduled for March 2024, we’re excited to provide an update to the community! ?
Uniswap v4’s launch is tentatively set for Q3 2024.
From community-built Hooks (https://t.co/WyaGr1Ti1t), to events, to Twitter Spaces, the…
— Uniswap Foundation (@UniswapFND) February 15, 2024
“We believe v4 should be the most thoroughly audited code ever deployed on Ethereum,” noted representatives of the Uniswap Foundation.
According to the roadmap, three main milestones are planned on the path to launching the new version of the popular DEX:
- Phase 1 (current): refining the core code, testing, gas optimization, security enhancements;
- Phase 2: audit by multiple companies, test network, final code refinement;
- Phase 3: mainnet launch (in the third quarter).
In June, developers released the preliminary code for Uniswap v4.
One of the main features of the v4 version of the decentralized exchange will be the use of “hooks.” These are plugins that enable entirely new functions for liquidity pools, such as dynamic fee adjustments or the creation of various order types.
The release also introduces a “flash accounting” system aimed at reducing fee costs for liquidity providers. This mechanism is based on an on-chain data storage solution that activates EIP-1153 as a result of the upcoming Dencun hard fork in March.