Currently, Uniswap accounts for 43.9% of all DeFi protocol on-chain transaction volumes, and its transaction volume in the past seven days is 6.7 times that of the second place. As the leader, naturally, the v4 version that is about to be launched has attracted a lot of attention from the market.

In May 2021, Uniswap v3 was launched, introducing the concept of centralized liquidity, which means that users can choose to provide liquidity within a specific price range, which allows liquidity to be configured more efficiently and potentially improves capital efficiency. After more than a year, Uniswap released the draft code for v4 in mid-June this year.

When is the specific launch time? Erin Koen, head of governance at the Uniswap Foundation, shared with foreign media THEBLOCK that this depends on when the Cancun upgrade is completed: The launch of v4 is expected to take place later this year, and this time depends on the successful implementation of Ethereum's upcoming Cancun upgrade (expected to be completed at the end of September). In addition, a comprehensive audit process needs to be completed, which may take about four months after Cancun.