Uniswap is an open source decentralized exchange protocol built on the Ethereum blockchain and operating under the management of smart contracts. Uniswap leaves behind the traditional architecture of the digital exchange, since there is no order book. The protocol works with the design of Constant Product Market Maker, which is a variant of the model called Automated Market Maker (AMM).

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Uniswap v4’s singleton contract means lower gas costs and faster transactions! 💨

In v3, assets transfer in and out of pools after each swap. v4 only net balances transfer  

The result? Lower gas fees 🔥

Early estimates suggest launching pools with v4 will cut gas by 99% 😮‍💨

Uniswap v4's singleton contract means lower gas costs and faster transactions.