Uniswap has launched version 4 of its decentralized exchange protocol, introducing "hooks" — customizable smart contract plugins that allow developers to build specialized trading features on top of the DEX.

What's New in V4

UNI token surged 28% on the launch, reaching $18.50. Within 24 hours, developers deployed over 200 custom hooks including dynamic fee tiers, TWAP execution, and MEV protection modules.