Uniswap v4 expected to go live after Ethereum’s Cancun upgrade and security audit
Quick Take
- The Uniswap Foundation has revealed a tentative timeline for the launch of Uniswap’s version 4 (v4) protocol.
- The timeline for the launch depends on the successful implementation of Ethereum’s Cancun upgrade, which is targeted for the end of September, and the completion of a thorough audit process afterward.
The Uniswap Foundation has shared details on the timeline for the upcoming launch of Uniswap’s version 4 (v4) protocol.
Erin Koen, the governance lead at the Uniswap Foundation, stated the the launch is projected to take place later this year. This timeframe hinges on the successful implementation of Ethereum’s upcoming Cancun upgrade (targeted by the end of September). It will also need the finalization of a comprehensive audit process that may take up to four months after Cancun.
To clarify, the audit process won’t start until after Cancun, Koen told The Block.
Reinventing Uniswap: introduction of “hooks” in version 4
Uniswap, the largest decentralized exchange protocol, is preparing for its next evolution with the release of version 4 (v4), incorporating what are called "hooks." These hooks are smart contracts that will facilitate additional customization in Uniswap's liquidity pools.
In this context, Koen said that the next phase in the v4 development process is the ‘protocol code frozen’ stage. This stage includes the incorporation of EIP-1153 into the v4 code. Hence the launch is contingent upon the successful integration of EIP-1153 into the Cancun upgrade, which Koen stated could occur as early as September. The security audit is estimated to take between one and four months following the Cancun upgrade.
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