Uniswap v4: Customizable And Cost-Effective Solution For DEXs?

Uniswap Labs has announced the release of the draft code for Uniswap v4, the next iteration of the popular decentralized exchange (DEX) protocol. Uniswap v3 was a watershed moment for on-chain liquidity and Decentralized Finance (DeFi), processing over $1.5 trillion in trading volume since its release two years ago.
However, as technology and markets evolve, so must the Uniswap Protocol, according to the announcement released today. 
Uniswap Labs Unveils V4
Uniswap Labs has revealed the dra