Uniswap v4 Architecture: Hooks, Singleton, Flash Accounting
You have a liquidity pool that generates decent fees, but you need more: dynamic fee curves that react to volatility, time-weighted average order execution, or maybe a pre-swap compliance check that blocks sanctioned addresses. Uniswap v3 cannot do any of this without a wrapper contract that adds complexity and gas overhead. Uniswap v4 can, and it does so natively through an architecture that flips nearly every assumption the previous version made about how an automated market maker should work. After sixteen months in development, eight audit rounds, and a mainnet launch that processed over $2 billion in its first week, v4 is the most consequential AMM design since the original x*y=k formula. Here is what actually changed under the hood and why it matters if you are building on or evaluating next-generation DeFi infrastructure. ...