Hassan Maishera
On Tuesday, the Celo Foundation announced via X that Uniswap V4 has launched on the Celo network. The launch of v4 comes with several features, including;
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Hooks for custom markets
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Cost-efficient, faster swaps
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Cheaper pool creation
With v4 Hooks, anyone can design new market structures, assets, and logic, all onchain. The launch follows Uniswap v3’s deployment on Celo in July 2022, which has grown more than 15x year-over-year to exceed $5B in 2024 transaction volume, anchoring stablecoin liquidity across emerging markets.
Users also benefit from v4’s costs, which are aligned with Celo’s core emphasis on accessibility via sub-cent transaction fees. With cheaper pool creation, faster multi-hop swaps, and built-in ETH support, v4 delivers gas savings for both traders and liquidity providers.
Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. No order book or centralized party is required to make trades. UNI, the native token of Uniswap, is currently trading at $6.063, down 2% in the last 24 hours.
