Uniswap v4 has been deployed on Celo to access its 600,000 daily active users, using sub-cent fees to make advanced, hook-driven DeFi a practical reality for a global, mobile-first audience.
Summary
- Uniswap v4 goes live on Celo and introduces ‘Hooks’, programmable smart contracts that enable customizable liquidity pools and new market structures.
- The integration leverages Celo’s transaction fees to make advanced DeFi tools accessible to more than 600,000 daily users.
According to a press release shared with crypto.news on October 20, the Celo Foundation has officially activated Uniswap v4 on its Ethereum Layer-2 network. This integration brings the protocol’s powerful new hooks feature to Celo’s ecosystem and directly targets the base of more than 600,000 daily active users.
The foundation said the move is intended to leverage Celo’s sub-cent transaction fees, making v4’s advanced, customizable features economically viable for a global, mobile-first audience.
Notably, Celo co-founder Marek Olszewski characterized the implementation as a “major advancement” for the network’s DeFi ecosystem and the broader global crypto community.
“We built Celo to make financial tools accessible to users around the world, a mission that Uniswap continues with its cost-effective, intuitive solutions. Its community implementation is eagerly awaited, and we’re excited to introduce innovative hooks to make DeFi more customizable for developers,” said Olszewski.
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Hooks bring programmable liquidity to Celo’s growing DeFi base
The defining feature of Uniswap v4, known as ‘Hooks’, represents a fundamental shift in the way liquidity can be structured on decentralized exchanges. Think of Hooks as programmable plugins that allow developers to embed custom logic directly into a pool’s lifecycle.
These smart contracts can trigger actions at key moments, such as before or after a swap, or when liquidity is added or removed, transforming a static liquidity pool into a dynamic financial instrument.
On a network like Celo, where costs are a primary concern, the ability to build complex, automated financial products without incurring exorbitant gas fees is a game changer. It makes it possible to create on-chain limit orders, custom fee structures for specific assets, or time-weighted liquidity provisions that were previously too expensive or complex to deploy at scale.
The implementation builds on a proven track record of Uniswap v3, which launched on Celo in July 2022. That integration has seen remarkable growth, increasing more than 15x year-over-year to handle transaction volume of more than $1.62 billion by 2024, the foundation said.
Celo’s DeFi footprint has expanded rapidly in parallel. Aave and Velodrome joined the network earlier this year, while newer projects like Self Protocol use zero-knowledge authentication to link identity and returns. Mento Labs’ development of region-specific digital currencies further illustrates how Celo’s ecosystem is moving toward localized, people-centric finance.
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