Hayden Adams, CEO of Uniswap Labs, has emphasized important characteristics of the newly launched Uniswap V4, so that important improvements are marked compared to Uniswap V3. In a message on X, Adams explained how V4 compares in terms of efficiency when performing a tokens swap.
Uniswap V4’s Efficiency Test
Uniswap V4 has improved because it is much more gas efficient than V3. This suggests that users can enjoy cheaper transactions using the protocol.
Adams demonstrated this by changing $ 1,000 at Ethereum (ETH) in Tether (USDT) during the UNISWAP V4 12 hours after the launch.
According to him, the uniswap algorithm suggested that he would use a multi-hop route instead of a single-hop swap.
The Multihop -Swap from ETH to USDC and USDT used two V4 -Pools with a cumulative total value locked (TVL) of $ 400,000. In the meantime, the Single-Hop Swap, which uses direct ETH to USDT via V3-Pools, has a huge TVL of $ 150 million.
An ETH of $ 1000 tests -> USDT -Swap such as 12 hours after launching V4
Our routing recommends a multi -hop swap ETH -> USDC -> USDT on two V4 -Pools with a combined $ 400k TV as the best price
Even compared to a single hop through one of the V3 ETH/USDT -Pools with a combined … pic.twitter.com/ge973xyen3
– Hayden Adams 🦄 (@Haydenzadams) February 1, 2025
The advantage of the V4 from Uniswap is that even with a lower liquidity, the multi -hop route still yielded the best price. This is due to the improved gas efficiency of V4, which lowers swap costs and makes multi -hop routes cheaper.
Moreover, it leads to better prices for V4 users, while the higher profit for liquidity providers guarantees.
Uni Trading Volume Strances
Experts consider this development as a key to stimulate the growth for the ecosystem and a huge victory for the Ethereum chain. They granted the success to the Dencun -Upgrade, which helped improve the functionality of smart contracts. This in turn supports innovations such as the Uniswap V4 architecture.
In addition to the lower gas costs, analysts say that the more efficient route means that smaller Polish can compete with large pools in the ecosystem.
This can ultimately stimulate a broader acceptance and value. At the moment, Uniswap (Uni) has again crashed under the support level of $ 12. Uni acted at $ 11.43, a decrease of 3.37% in the last 24 hours.
However, trade volume has risen by 58.93% to $ 336.42 million. This renewed interest of investors can help Uniswap return in the short term.
