ChainCatcher news, according to Cointelegraph, PancakeSwap announced the release of PancakeSwap v4, which is expected to enhance user experience and scalability. v4 aims to improve liquidity provision and interoperability based on PancakeSwap.PancakeSwap head Chef Kids stated, "With PancakeSwap v4, we aim to address the major flaws of existing automated market makers, including inflexible pricing models, limited trading functionalities compared to centralized exchanges, impermanent loss for liquidity providers, and high on-chain gas fees."

ChainCatcher news, according to CoinDesk, the decentralized exchange PancakeSwap will launch its V4 version in the third quarter of this year, featuring four key functionalities: Hooks, custom pool types, singleton, and flash loan accounting, aimed at making users' on-chain transactions cheaper and more efficient.The new version will be launched in the third quarter on the Ethereum and BNB Chain networks, offering improved asset pricing for listings, reduced gas consumption, and lower deployment costs. The PancakeSwap v4 code will be released under an open-source license.