Uniswap v4 Launches with $1M TVL, Signaling DeFi's Evolution

Uniswap v4 contract may have been deployed, with TVL currently standing at around $1 million.

The decentralized exchange (DEX) Uniswap has potentially launched its v4 contract, according to data from DefiLlama. The total value locked (TVL) in the new contract is currently around $1 million.

The deployment of Uniswap v4 comes as the decentralized finance (DeFi) sector continues to evolve and grow. Uniswap is one of the most popular DEXs, and the launch of v4 could signal further innovation and development in the space.

Uniswap v4 is expected to bring several improvements over its predecessor, including increased capital efficiency and better liquidity management. These enhancements could help Uniswap maintain its competitive edge in the crowded DEX landscape.

As the DeFi sector continues to mature, it will be interesting to see how Uniswap v4 performs and how it impacts the broader ecosystem. The launch of v4 could also have implications for other DEXs and the wider cryptocurrency market.