Uniswap v4 is the latest upgrade to the decentralized exchange, offering reduced trading costs, increased efficiency, and more control over liquidity and fees for users. The new version features a single contract that handles all liquidity pools, custom trading rules using Hooks, smarter pricing for swaps, adjustable fees based on market trends, the ability to trade with native ETH, and the option to earn rewards without giving up control of funds. Additionally, Uniswap v4 optimizes token claims, redemptions, and liquidity positions through the use of ERC-6909. While v4 is recommended for most users, v3 and v2 still hold advantages in deep liquidity and fixed fee structures respectively. The choice between versions should be based on individual trading style and liquidity strategy.
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