Uniswap v4 launch teased for 2025 after missing Q3 2024 target

Uniswap (CRYPTO:UNI) has teased the release of Uniswap v4, confirming it will be "coming soon" in 2025 after missing its original Q3 2024 target.

The decentralised exchange posted a teaser on January 2, featuring a Unicode image of the year 2025 with the caption “v4 is coming soon.”

However, the exact release date remains unspecified.

Previously, Uniswap had aimed for a Q3 2024 launch following the Ethereum Dencun upgrade, but development has continued through 2024, with the new version still in the testing phase.

The Uniswap Labs team had shared plans for v4 in June 2023, with founder Hayden Adams releasing draft code and inviting open community feedback.

“We expect this will be a months-long process,” Adams noted at the time.

In addition to the teasing announcement, Uniswap Labs expressed anticipation for a busy 2025, hinting at several developments, including v4 and Unichain.

The platform also confirmed the ongoing $15.5 million bug bounty program for v4's core smart contracts, which began in November 2024.

The program offers rewards starting at $2,000 for identifying vulnerabilities that require code changes.

Uniswap v4 will include a major architectural shift with key features such as Hooks, which will allow developers to execute custom code before and after swaps.

The upgrade will introduce limit orders, custom oracles, fee management, and automated liquidity management.

It will also feature dynamic fees, gas savings, flash accounting, native ETH support, and multiple pool types.

In December 2024, Uniswap recorded $106 billion in trading volume, maintaining its position as the largest decentralised exchange by volume.

Despite this success, Uniswap’s native UNI token has fallen 69% from its all-time high in May 2021.

At the time of reporting, the Uniswap price was $14.10.