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Uniswap CEO: V4 will provide users with lower gas costs and more LP profits for swaps
Odaily Planet Daily News Uniswap CEO Hayden Adams posted on X, saying: 'Approximately 12 hours after the launch of Uniswap V4, test $1000 worth of ETH for USDT exchange. Our on-chain routing suggests completing the ETH to USDC to USDT token exchange at the best price with a total TVL of $400,000 through two V4 pools. Even though the total TVL of the single liquidity pool for ETH/USDT in V3 version is about $150 million, the benefits of pure gas efficiency (lower cost of native ETH Token + multiple loop routes) are starting to show, and IMO will be one of the biggest catalysts for the rise of V4 - lower gas cost = better exchange price = more LP profits. It's an exciting moment for Automated Market Maker enthusiasts.'