UNISWAP (UNI), the highest distributed exchange (DEX) based on trading volume, has launched a new protocol upgrade across several chains.
DEX says that the new “V4” converts the protocol into a “developer platform”.
“Introduction of the ring -a contract that can customize the method of interacting with a swimming pool, swap, commission and LP (LP) location. Hook refers to a new feature of deeper fluid and more swaps.
The minimum cost version of the protocol. The pool of the V4 is expected to be 99.99% cheaper, and Swappers can save significant costs in multi -hop swaps. Originally, ETH support adds additional costs for the ETH pairs. ”
UNISWAP also said that the upgrade received nine audits, security competitions and $ 15.5 million bug bounty.
UniSWAP V4 is currently Ethereum (ETH), MATIC (MATIC), ARB (ARBITRUM), ARB (Abbitrum), OP (OP) Mainet, Base, BNB Chain, BLAST, World Chain (WLD), Avalanche (Avalanche) and Zora I live in Network.
According to Coingecko’s data, Uniswap is the best decex due to trading volume.
UNI trades for $ 11.85 at the time of writing. The 28th password assets have been reduced by more than 2% in the last 24 hours and almost 6% in the last seven days.
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Created image: Midjourney