The announcement of the upcoming launch of Uniswap v4 sparked fresh versions of old debates. Is it OK for DeFi’s leading DEX to not be fully open source at launch? What counts as composability and what counts as plagiarism? Is Uniswap’s dominance a threat to decentralization? Founder Hayden Adams joins the show to respond to the critics and explain the novel features of Uniswap v4. 

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.
Show highlights:

how Uniswap was born and how it has evolved since 2018

how the SushiSwap vampire attack was a win for Uniswap 

whether the new version of Uniswap brings it closer to the true ethos of Ethereum

what the problems were with the previous fee model and how the new v4 approaches fee tiers

an explanation of “hooks,” the most important feature of the new code

what Hayden thinks the most common uses of hooks will be

how v4’s time-weighted average market maker (TWAMM) feature works 

whether Hayden is worried that hooks will be engineered to do rug pulls

what Hayden thinks about v4’s new “singleton” approach

how EIP-1153 (if implemented) will make Uniswap v4 more efficient 

when Hayden estimates that the v4 code will be deployed 

why Uniswap decided to go with a four-year business license

Hayden’s response to allegations that Uniswap plagiarized Crocswap for its v4 code

whether there’s a risk that U.S. authorities blacklist certain transactions on v4

whether it is possible to add KYC and AML compliance into v4 pools

why Hayden is sad about the U.S. approach to regulating crypto

why he believes that Uniswap will not become a centralizing force

Thank you to our sponsors!

Crypto.com

TOKEN2049

OKX

Guest:

Hayden Adams, founder of Uniswap
Links

Unchained:

Uniswap Releases Draft Code for V4

Uniswap V3 Forks Are Now Legal After BSL Expiry

Liquidity Pools: How DEXes Allow Trading

Uniswap: Our Vision for Uniswap v4


EIP-1153: Transient storage opcodes

v4-core/LICENSE at main · Uniswap/v4-core · GitHub

Frax Finance’s Sam Kazemian tweet


TWAMM - Paradigm


Learn more about your ad choices. Visit megaphone.fm/adchoices