This whale then collected university tokens worth almost $ 4 million Uniswap's V4 draft release
This whale then collected university tokens worth almost $ 4 million Uniswap's V4 draft release
Wintermute Trading expands its university stack and collects considerable tokens from various centralized exchanges such as Binance, Kraken and Okx.
The latest development comes just a day later Uniswap Labs has published the code design for its fourth iteration - V4.
Wintermute uses uniswap V4 hype
Data from Lookonchain suggests that then 878.336 Uni-token has accumulated Uniswapv4 announcement.
The latest stock of university tokens is worth almost $ 3.7 million at the time of printing. The crypto-native algorithmic trading company currently holds a total of 886,269 university, which corresponds to almost $ 4 million
The step of Winter Mute draws an optimistic image before the excited introduction of uniswap V4, which is expected to be able to adapt the liquidity pools to use the technical functions of the protocol.
This will essentially help to keep the fees associated with simpler transactions. In the V4 it, new functions such as on-chain-limit order, the automatic reunification of the rewards of the liquidity provider (LP) and dynamic fees are also introduced.
Uniswapdas upgrade also includes the integration of "hooks", ie adaptable smart contract "plugins", with which users can decide how swaps, pools, fees and LP positions are carried out on the stock exchange.
The unveiling of the source code is the first step in the introduction of a new version of the leading decentralized stock exchange. However, the market participants have not prevented this from capitalizing on hype, and Wintermute is one of many.
dex trade volume increases
decentralized stock exchanges as a whole have experienced a significant user flow because the SEC increasingly takes a close look According to Defillama data, the Dex trade volume rose from $ 1.21 billion to almost $ 4 billion from June 10th to 10th
A current report by the data provider for digital assets CCData also showed that the market share of these platforms rose in May the fourth month in a row and has reached an all -time high of almost 13 %. During the same period, the on-chain trade activity reached new local highs, a trend that was primarily heated up by the revival of the Memecoin trade, which was only made possible by the decentralized platforms.
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