Wu said he was informed that the Uniswap Foundation announced that the launch of Uniswap v4 is tentatively scheduled for the third quarter of 2024 and is currently in the first phase, including core code completion, testing, gas optimization, security enhancements, and the finalization of peripherals. The second phase is to conduct comprehensive audits and community audit competitions by multiple auditing companies, and deploy v4 to the test network. The third phase will see v4 being pushed to the Ethereum mainnet in the third quarter. Wu Shuo previously reported that one of the important updates of Uniswap V4 is Hooks, which enables customizable liquidity pools.​