Yeliz Akmaca 
Uniswap v4 has marked a new milestone in the decentralized finance ecosystem. The platform has exceeded the $1 billion threshold in total value locked (TVL), achieving a significant success. Its trading volume also surpassed $110 billion, revealing the depth of its liquidity.
This development is supported by TVL and daily trading data concentrated on the Unichain and Ethereum networks. Unichain stands out in particular for its low transaction fees and speed advantage.
Another notable achievement of Uniswap v4 is its reliance on the creativity of its developer community. To date, more than 2,500 Hooks have been used to create liquidity pools.
Unichain and Ethereum Compete in v4 Adoption
Approximately 75% of the trading volume on Uniswap v4 occurs on Unichain. Ethereum accounts for around 15% to 20% of the current transaction distribution.
However, Ethereum still dominates Uniswap v3. Yet, this distribution in v4 highlights how effective Unichain has become in decentralized exchange traffic. Moreover, Unichain’s technical advantages have become a major factor for liquidity providers and arbitrageurs, reinforcing Uniswap v4’s new multi-chain strategy.
Bunni and EulerSwap: Leaders in Hook-Based Liquidity
Among the projects adopting the Hook system, Bunni and EulerSwap stand out with a combined trading volume exceeding $1 billion. These two protocols have attracted investor interest with the flexibility offered in liquidity pool designs. Behind this success lies not only trading volume but also network effects and user-friendly interfaces.
Hook-based strategies are expected to become more widespread in the DeFi sector with Uniswap v4. The increasing number of developers strengthens the sustainability of the protocol.
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