> There’re quite a few mechanics they use for that. The oldest one, call a special API function on startup [...]

Isn't the oldest one... to have the API/ABI version in the name of your DLL? Unlike on Linux which by default uses a flat namespace, on the Windows land imports are nearly always identified by a pair of the DLL name and the symbol name (or ordinal). You can even have multiple C runtimes (MSVCR71.DLL, MSVCR80.DLL, etc) linked together but working independently in the same executable.