• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

Trump’s Fed Visit Could Ignite Bitcoin’s Biggest Rally Yet

2025-07-24

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    2025-07-25

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09
  • Videos

    Major Signal Flashed!!!

    2025-07-25

    Trump’s Fed Visit Could Ignite Bitcoin’s Biggest Rally Yet

    2025-07-24

    Why Did Bitcoin and Crypto Dump Today?

    2025-07-23

    Wall Street’s Crypto Moves Just Got Exposed

    2025-07-23

    Ain’t No Bacteria Poopin’ Bitcoin 😂

    2025-07-23
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»DeFi»Powerful New Features and Controversial Code Allegations
DeFi

Powerful New Features and Controversial Code Allegations

2023-06-29No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Uniswap, among the top decentralized exchanges (DEX) released the draft code for its latest version, Uniswap V4. The code has been released as the developers wish V4 to be built in public. Launched in 2018, Uniswap is one of the most known DEX for trading Ethereum and eth-based tokens.

In V2 which was released in 2020, Uniswap introduced ERC-20 trading pairs and Flash Swaps. In V3, concentrated liquidity was added to the protocol. Concentrated liquidity allows allocating liquidity to a price interval. This model improved the standard AMM model.

concentrated-liquidity-uniswap

Liquidity providers (LPs) can execute as many positions as they wish in the pool. LPs have better control over what price ranges their funds will be used. The Uniswap V3 Business Source License (BSL) expired in April 2023.

Other DEX, such as SushiSwap, announced it is adding Concentrated Liquidity to 13 different chains. Arbitrum, Fuse, Polygon, and Gnosis are some of the blockchains that Concentrated Liquidity will be enabled for. The latest version has a new BSL license, which limits its use in commercial or production settings for up to 4 years.

What Is New in Uniswap V4?

The highlight of the new code is ‘Hooks.’ To simplify, Hooks are smart contracts that are executed at certain times in a pool. For example, hooks can be used when liquidity is added or removed from the pool. This allows pool creators to have better control over how their pool behaves in certain conditions.

Hooks can be used for on-chain limit orders and a time-weighted average market maker (TWAMM) pool. TWAMM enables traders to execute large trades (over $30M for example) with minimal gas fees and impact on the price.

See also  Stablecoin activity exceeds that of DeFi in Q3, with more than 400,000 active addresses

The large order is broken down into multiple orders (an infinite number of small orders) using AMM for a predetermined period (days, weeks, etc.). The same applies to buying large amounts. The TWAMM algorithm will split the amount into multiple orders that will be spread across predefined parameters (hours, days, etc.).

TWAMM eliminates the need to use CEX or a trading desk for such transactions. Other features include customized on-chain oracles and internalized MEV profit, which are distributed across LP. Uniswap released several samples on github.

The Singleton Contract

Another major upgrade from V3 is the use of a ‘singleton’ contract. As opposed to V3 where each pool has its own smart contract, in V4 all pools reside within a single contract. Traders will benefit from lower fees on token swaps as routing is dramatically enhanced. Flash accounting will also be enabled. Changes in the pool will be calculated based on net balances rather than at the end of the swap, which will reduce some gas.

Did Uniswap Copy Shell Protocol’s Code?

There have been allegations that Uniswap copied some of the code from the Shell Protocol.

Uniswap even copied the variable name for this transient ledger, “BalanceDelta.sol”. The file names in github are verbatim the same. pic.twitter.com/7f2NNOg5Ne

— Kenny White 🐚 (@white_kenny_) June 14, 2023

The Shell Protocol has an MIT license, and a permissive free software license. The allegations are that Uniswap used parts of the Shell Protocol for V4, which were then licensed (BSL). While permissive software licenses are likely to remain popular, more projects may choose to protect their code better. V4 will likely be deployed in several months and only once an agreement is made on the final version.

See also  Platypus attack exploited incorrect ordering of code, auditor claims

allegations code Controversial Features Powerful
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Most Powerful Crypto Indicator Yet!! Global Liquidity Overview

2025-05-30

MAJOR: Ripple/Swan Allegations Untrue?

2025-02-27

5 Mind Blowing Features For Coldcard Bitcoin Wallet You Never Knew About!

2025-02-10

Zengo Wallet Offers The Best Crypto Wallet With The Most Secure Features In The Crypto Space!

2024-12-23
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Bitcoin

Bitcoin: Here’s why holders may not consider the BTC slump an opportunity

2023-05-09

The NVT ratio did not concur with an accumulation phase. Selling pressure was off its…

Regulation

Public crypto companies get chance to shine as cybersecurity incidents to be reported within days under SEC rules

2023-12-15

The Securities and Exchange Commission’s (SEC) new disclosure requirements for how the public discloses material…

Regulation

US DOJ ramps up crypto scrutiny: targets crypto exchanges, DeFi hackers

2023-05-15

The U.S. Department of Justice (DOJ) wants to increase its scrutiny of the crypto space,…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

Trump’s Fed Visit Could Ignite Bitcoin’s Biggest Rally Yet

2025-07-24

Why Did Bitcoin and Crypto Dump Today?

2025-07-23
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 118,177.66
ethereum
Ethereum (ETH) $ 3,746.07
xrp
XRP (XRP) $ 3.18
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 782.58
solana
Solana (SOL) $ 187.59
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.237616
staked-ether
Lido Staked Ether (STETH) $ 3,739.88
tron
TRON (TRX) $ 0.31832
bitcoin
Bitcoin (BTC) $ 118,177.66
ethereum
Ethereum (ETH) $ 3,746.07
xrp
XRP (XRP) $ 3.18
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 782.58
solana
Solana (SOL) $ 187.59
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.237616
staked-ether
Lido Staked Ether (STETH) $ 3,739.88
tron
TRON (TRX) $ 0.31832