Uniswap v3 mainnet is expected to be released today. Uniswap founder Hayden Adams made a statement on how capital efficiency will increase with Uniswap v3 ahead of launch.
Hayden Adams gave an example over the DAI / USDC transaction pair to show that Uniswap v3 is more efficient than v2.
Adams; It showed that in a $ 7,000 DAI swap transaction, Uniswap v3 can offer a better price than v2, which has a TVL value of $ 26,000 and a TVL of $ 28 million.
It seems that the swap transaction offers a better price in Uniswap v3 compared to v2.
What is aimed with Uniswap v3?
Uniswap, which launched v2 in May 2020, states that it will launch on the Ethereum L1 layer on May 5 and Optimism will launch in the L2 layer shortly thereafter.
Uniswap says that with the update, liquidity providers (LP) will have several advantages, such as being able to provide liquidity with greater capital efficiency, achieve higher capital returns, and lower risk ratios.
In addition, Uniswap oracles are aimed to provide easier and more cost-effective integration after updating. Gas fees are expected to be lower compared to v2.
Uniswap says that with all these features, Uniswap v3 will be the most efficient and flexible automatic market maker (AMM) ever designed.
It broke a record as the update approached
Uniswap (UNI) made ATH, rising to $ 44.92 on May 3 as the Uniswap v3 launch approached. On a daily basis, the UNI price climbed up to $ 44.85, approaching its ATH value. Uniswap’s total liquidity value increased to $ 8.54 billion, while its 24-hour volume was $ 2 billion.