Uniswap V4’s launch followed rigorous security measures, including nine audits, a $15.5M bug bounty, and a $2.35M security competition with no critical bugs found. This has bolstered developer and institutional confidence, with features like native ETH support and customizable fee tiers enhancing V4’s appeal. Market feedback praises the protocol’s transparency and cost reductions, but UNI’s price, at $11.48 during the launch week, faced resistance and slipped due to bearish technical indicators (e.g., 20-day EMA resistance). Investors may be cautious due to V4’s Business Source License limiting forking until 2027, potentially stifling competition but not yet translating to UNI price gains.