Uniswap (UNI) — Onchain News & Whale Tracking

Aerodrome CEO: Uniswap's Fee Switch On-Ramp is a Massive Strategic Mistake

On November 11th, Alexander, the CEO of Dromos Labs which is the development team behind Aerodrome and Velodrome, posted on X and said, "I never imagined that on the day before the most important day of Dromos Labs, our biggest competitor would make such a significant mistake... This is a huge strategic error made at the most inappropriate time." Berachain DeFi Lead Cap'n Jack Bearow commented on this, stating that Aerodrome is scheduled to announce cross-chain expansion on Wednesday. Meanwhile, Uniswap will reduce the LP (Liquidity Provider) profitability capability due to turning on the fee switch, which will be beneficial to Aerodrome's competitiveness.

Uniswap has generated $3.69M in revenue over the past 30 days, with a total revenue of $178M since the implementation of the fee switch.

On November 11th, as per the data from DefiLlama, within the past 30 days, the front-end trading volume of Uniswap reached $3.69 million. Since the fee changes were implemented on October 17th, 2023, the cumulative front-end trading fee revenue of Uniswap has now reached $178 million.

Uniswap Founder: "Uniswap Launches Fee Switch Proposal" Governance Process Expected to Take 22 Days

On November 11th, Hayden Adams, the founder of Uniswap, responded to questions regarding the progress of the "Uniswap Launch Fee Switch Proposal." He stated that the governance process is expected to take approximately 22 days. This includes a 7-day signaling period, a 5-day snapshot vote period, and a 10-day on-chain voting and execution phase. According to the specific schedule, the final effective date may be slightly postponed.

Suspected Variant Fund address transferred 2,818,000 UNI to Coinbase Prime following the "Uniswap V3 Launch Transaction Fee Switch Proposal."

On November 11th, as monitored by on-chain analyst Yu Jin, after Uniswap's founder suggested enabling a fee switch to burn UNI through fees and put forward a proposal to pre-burn 1 billion treasury UNI, UNI witnessed a 46% surge. However, after the release of this proposal, a UNI investment firm (possibly Variant Fund) transferred 2.818 million UNI (equivalent to 27.08 million USD) to Coinbase Prime. Subsequently, a significant amount of UNI was dispersed from Coinbase Prime to CEXs such as Binance and OKX as well as Bybit.

Uniswap Proposal Key Points: Enable Protocol Fee Switch and Introduce UNI Burn Mechanism, Burning 1 Billion UNI from the Treasury

On November 11th, Devin Walsh, the Executive Director and Co-Founder of the Uniswap Foundation, along with Hayden Adams, the Founder of Uniswap, officially put forward a joint governance proposal. The proposal is intended to establish a long-term operating model for the Uniswap ecosystem. It enables protocol usage to drive the burning of UNI and allows Uniswap Labs to focus on protocol development and growth. The proposal mainly encompasses the following: · Activate the Uniswap protocol fee switch and utilize these fees for the burning of UNI; · Incorporate Unichain's sorter fees into the same UNI burning mechanism; · Establish a protocol fee discount auction to increase the earnings of liquidity providers (LP), while internalizing the value that originally belonged to MEV searchers; · Introduce Aggregator Hooks, making Uniswap v4 an on-chain aggregator that collects fees from external liquidity; · Burn 1 billion UNI from the treasury, which approximately represents the amount that sh

Uniswap team has initiated a proposal to activate the Protocol Fee Switch.

On November 11th, the Executive Director and Co-founder of the Uniswap Foundation, Devin Walsh, announced in a post that, along with Hayden Adams, the founder of Uniswap, they have officially put forward a governance proposal. This proposal will activate protocol fees and establish a unified incentive mechanism throughout the entire Uniswap ecosystem, with the aim of making the Uniswap protocol the default decentralized exchange in the "tokenized value" space.

Uniswap Foundation Grants Brevis up to $9 Million to Build Trustless Routing Rebate Program

On October 24th, the Uniswap Foundation made an announcement that it would provide a grant of up to $9 million to Brevis. The purpose of this grant is to build a trustless Gas Rebate scheme for a DEX aggregator that integrates Uniswap v4 Hooked pools. It is reported that this system will utilize Brevis's ZK Data Coprocessor and Pico zkVM technology to perform rebate computation and cryptographic validation off-chain. This ensures that the rebate process is fully verifiable and does not require centralized tracking. This mechanism is designed to incentivize routers to give priority to integrating the Hook feature. By doing so, it can accelerate the application and expansion of the Uniswap v4 ecosystem while maintaining the trustless properties of DeFi.

Uniswap Web App Adds Support for Solana Network

On October 17, according to official information, the Uniswap Web App has started to provide support for the Solana network. Token swaps can now be carried out through Jupiter. In the coming days, it is planned to expand the functionality to include cross-chain capabilities, cross-chain swaps, and the integration of the Uniswap wallet.

Uniswap Founder: Centralized Exchanges Charging High Listing Fees is Just a Marketing Gimmick, DEX Has Achieved Free Listing and Liquidity Support

On October 15th, Hayden Adams, the founder of Uniswap, stated that decentralized exchanges (DEX) and automated market makers (AMM) have been capable of providing free listing, trading, and liquidity support for any asset. He pointed out that if a project chooses to pay a high listing fee to a centralized exchange (CEX), the true intention is more about marketing and promotion rather than a necessary requirement at the market structure level. Hayden emphasized: "The development of DEX and AMM has allowed anyone to freely create markets, and we are proud to play a role in achieving this goal."

Uniswap Labs Acquires Guidestar, Strengthening AMM Technology and Market Fit Capability

On October 7th, according to official channels, Uniswap Labs made an announcement that it has acquired Guidestar, a team that has been engaged in developing new AMM and routing technologies over the past two years. As part of this acquisition, the Guidestar team, with Alex Nezlobin being part of it, will join Uniswap Labs to carry on their work on advanced market design and implementation research. It is reported that Guidestar has been looking into how to adapt AMMs to the specific requirements of different markets, such as stablecoins, liquidity staking tokens, real-world assets, long-tail assets, and high-volume tokens, covering various on-chain environments (ranging from blockchains with priority sorting to first-come, first-served patterns). Subsequently, both parties will jointly expand the design scope to enable the protocol to serve a broader range of markets with greater flexibility and efficiency.

Societe Generale's Blockchain and Crypto Unit has deployed Euro and Dollar Stablecoins to Uniswap with Morpho

September 30th. Societe Generale's digital asset subsidiary, SG-FORGE, has introduced its Euro and Dollar stablecoins into the DeFi space. This enables users to engage in lending and spot trading. The bank has deployed its EURCV and USD CoinVertible (USDCV) on the Ethereum-based Morpho and Uniswap protocols, expanding SG-FORGE's efforts to distribute its stablecoins through centralized exchanges and brokers. By entering DeFi, SG-FORGE allows customers to trade assets pegged to major currencies around the clock, with smart contracts facilitating the trading mechanism. On the Morpho platform, users can now use cryptocurrencies (such as BTC, ETH) as well as money market tokenized funds regulated by the French financial market regulator (such as USTBL, EUTBL, which invest in US Treasury and Eurozone government bonds) as collateral to borrow EURCV and USDCV. Asset management firm MEV Capital will be responsible for managing these treasuries, setting eligible collateral rules, and handling

A Whale Withdraws 3.15 Million APEX from a CEX to Provide Liquidity for Uniswap V3

On September 27th, as monitored by OnchainLens, within the past 24 hours, APEX witnessed a surge of more than 260%. A whale then withdrew 3.15 million APEX (with a value of approximately $5.7 million) from Bybit and provided liquidity on Uniswap V3.

GoPlus Security Alert: Google Search Top Result for Uniswap is a Phishing Website

September 26th. GoPlus Issues a Security Advisory: The top result for Uniswap in Google Search is a phishing website, and some users have been attacked. Attackers frequently utilize Google sponsored ads and Google Sites' free domains to imitate well-known Web3 websites, causing users to be led to phishing sites to defraud their crypto assets.

Uniswap Labs Appoints Derek Walkush as Head of Unichain Growth

September 10th: Former Variant Investment Partner Derek Walkush declared his joining of Uniswap Labs as the Head of Unichain Growth. Walkush had previously been engaged in Variant Fund, concentrating on investments. Now, he will be dedicated to promoting the growth of on-chain activities for Unichain. Unichain, developed by the Uniswap team, lays emphasis on low fees and high transaction speeds, with Uniswap serving as the core DEX. Walkush will also participate in Uniswap Labs' VC-related projects.

The Uniswap community takes the first step towards protocol fee switch-on through a "Establish DUNI Legal Entity" temperature check vote

On September 4th, as per the Snapshot governance page, the Uniswap community has voted in favor of the "Establishment of DUNI Legal Entity" temperature check proposal, which is set to undergo a second on-chain vote. The proposal indicates that Uniswap intends to adopt a decentralized non-stock non-profit association registered in Wyoming (DUNA) as the legal structure for the governance protocol and establish a legal entity named "DUNI." DUNI aims to preserve a decentralized governance structure while facilitating off-chain operations such as contract signing, engaging service providers, and fulfilling regulatory and tax obligations. This entity will recognize the binding nature of on-chain governance proposals, offering members legal structure and liability protection certainty without impinging on the core mechanisms of the Uniswap protocol, UNI token, or on-chain governance. In the envisioned evolution of Uniswap governance, governance has the potential to unlock protocol fees, fun

A user fell victim to a fraudulent Uniswap phishing transaction, resulting in the loss of approximately $1 million in tokens and NFTs.

On August 22nd, as monitored by ScamSniffer, a user lost around 1 million dollars' worth of tokens and NFTs after signing a phishing batch trade request that was disguised as a Uniswap swap transaction. The attacker employed a fake Uniswap trading interface to deceive the user into signing a transaction. Malicious code or authorization was embedded within this transaction. Unaware of the situation, the user signed the transaction, which led to the theft of their assets.

Established by non-profit organizations supported by Coinbase, Uniswap, and others, the AIP aims to educate US legislators about cryptocurrency

August 19th. As reported by The Block, the American Innovation Project (AIP) was initiated on Tuesday with the backing of industry heavyweights like Coinbase and Uniswap Labs. Their shared objective is to assist U.S. policymakers in comprehending the swift evolution of emerging technologies such as crypto and artificial intelligence. A statement indicated that the project aims to facilitate "dialogue on policy and technological matters that have an impact on America's economic future." It is reported that several entities specializing in cryptocurrency are supporting the AIP, including Kraken, Coinbase, the Blockchain Association, Paradigm, the Solana Policy Institute, and DCG. The organization is said to have received seed funding from the Cedar Innovation Foundation and a $1 million grant from the Crypto Group.

Uniswap has generated $3.27 million in revenue in the past 24 hours, ranking third on the crypto revenue leaderboard

On August 12th, according to data from DefiLlama, Uniswap's revenue in the past 24 hours reached as high as $3.27 million, ranking third on the crypto revenue list, only behind Tether and Circle. Previously, it was reported that the Uniswap Foundation proposed a "DUNA DAO" structure to pave the way for the fee switch.

The Uniswap Foundation Introduces the "DUNA DAO" Structure to Pave the Way for Fee Switching

On August 12th, as per The Block, the Uniswap Foundation recently put forward a proposal to establish a new legal entity named "DUNI" for its governance organization within the decentralized non-corporation non-profit association (DUNA) legal framework in Wyoming. The foundation is in charge of supervising the world's largest decentralized cryptocurrency spot exchange. This new legal entity will offer a legal cover while maintaining the existing governance structure of the Uniswap DAO, enabling it to engage service providers, sign contracts, and fulfill regulatory and tax compliance obligations. If the proposal gets approved, the Uniswap DAO will become the largest decentralized organization to adopt this legal framework. According to the proposal terms, the entity will receive $16.5 million worth of UNI tokens to cover past tax obligations and set up a legal defense budget. Since Uniswap has never chosen to be taxed as a corporation, the foundation anticipates paying less than $10 m

Bitwise CIO: Uniswap's current market cap is undervalued, equivalent to the size of the world's 400th largest financial services company

On August 5th, Matt Hougan, the CIO of Bitwise, said, "Uniswap's current valuation of $6 billion appears to be too low. If it were a company, it would rank as the 400th largest financial services firm globally, approximately on a par in size with Norway's savings and insurance company Storebrand."

Uniswap Foundation: Anti-MEV DEX Angstrom is Now Live

On July 26th, the Uniswap Foundation made an announcement. The new decentralized exchange (DEX), Angstrom, developed by Sorella Labs, which is a MEV protection tool developer, is now operational. It provides native MEV protection for token swaps and liquidity providers (LPs). This is supported by the Uniswap v4 Hook Design Lab. Aiming to tackle the Ethereum MEV problem, the crypto startup Sorella Labs completed a $7.5 million seed round in August of the previous year. Paradigm led this round, and Uniswap Ventures, Bankless Ventures, Robot Ventures, and Nascent also participated. Sorella Labs is developing tools to address Ethereum's Maximum Extractable Value (MEV) issue, including Angstrom.

A user loses $1.23 million Uniswap liquidity position NFT due to signing a phishing transaction

On July 21st, based on the monitoring of Scam Sniffer, a user suffered a loss of approximately $1.23 million in the value of their Uniswap V3 liquidity position NFT due to signing a phishing transaction.

Uniswap Card collects User X's email address and other information, or will launch an encrypted survival game

On June 29th, as per SlowMist Cosine, the Uniswap Card event is going to collect the email addresses of users on the X platform. Kindly be cautious of potential targeted phishing attempts in the future. Furthermore, according to community KOL @Luyaoyuan1, Uniswap Labs announced on June 10th that it had acquired the interactive encrypted survival game Crypto: The Game (CTG) based on the Base blockchain. The three co-founders of CTG, Dylan Abruscato, Tyler Cagle, and Bryan Lee, will all join Uniswap to jointly drive the development of CTG Season 3. It is surmised that the aforementioned event of collecting user-related information might be related to this game.

Gyroscope: New Generation Dynamic Liquidity Pool Shows Strong Performance in ETH/USDC Market, Outperforming Uniswap and Aerodrome

June 27th: On June 25th, 2025, the Gyroscope team took to Twitter to announce that the novel Dynamic Concentrated Liquidity Pool has been performing admirably in the ETH/USDC market on the Base Chain. Since its listing, the LP yield has been notably higher than those of Uniswap and Aerodrome liquidity pools (based on Dune's data), thereby offering liquidity providers with higher returns. The Gyroscope Dynamic Concentrated Liquidity Pool is crafted in such a way that LPs do not need to make any adjustments to their positions and can automatically "purchase at low prices and sell at high prices" during price fluctuations. The data also indicates that its market-making price is superior to the price on centralized exchanges, enabling LPs to generate profits by providing liquidity.

Uniswap and institutions such as Morpho are collaborating to develop Web3SOC, a security and governance framework specifically designed for compliance.

On June 21st, as per The Block, Uniswap Labs, Morpho, Maple Finance, Kiln, and Steakhouse Financial have joined forces with security firms Cantina and Secureum to establish a novel security and governance framework known as Web3SOC, which is specifically designed for compliance. Web3SOC is a categorization framework intended to enhance the security and collaboration within the DeFi space. It offers institutions and organizations a structured methodology to evaluate the "maturity" of projects. These standards comprise a self-assessment tool for measuring the institutional readiness for collaboration and a set of project "maturity levels" to determine their suitability for adoption by major institutions.

Uniswap Wallet enables smart wallet functionality, supporting one-click swaps

June 12 - As per the official proclamation, Uniswap Labs has brought forth the smart wallet functionality for Uniswap Wallet users, facilitating one-click swaps by means of bundled transactions. This enables more intelligent swaps with reduced costs. New wallets generated through the Uniswap mobile app or browser extension will initially be set as smart wallets. Upcoming features will encompass Gas Sponsorship and the ability to pay Gas fees using any token, among other aspects.

Uniswap Foundation Grants $235,000 to Cross-Chain LP Migration Protocol ChainHopper Development Team

On May 30th, according to official channels, the Uniswap Foundation has made an announcement regarding providing funding support to the development team of the cross-chain LP migration protocol ChainHopper. This particular protocol will be capable of facilitating one-click migration of Uniswap Liquidity Providers (LPs) positions to different EVM chains and will also ease the process of liquidity migration to Unichain and the upcoming Uniswap v4. Currently, if users wish to transfer LP positions from one chain to another, they are required to go through a series of cumbersome steps such as removing liquidity, bridging each token across chains individually, waiting for confirmation, and then reconstructing the position on the target chain. In order to assist users in managing LP positions more efficiently, the Uniswap Foundation has granted $235,000 to Melio for the development of the ChainHopper protocol. As of now, the protocol is operational on the mainnet, Unichain, Base, Arbitrum,

Uniswap Foundation releases Q1 Financial Summary, expecting the funding runway to extend until January 2027.

On May 24th, the Uniswap Foundation made an announcement regarding its unaudited financial summary for the first quarter of 2025. As of March 31st, it held $53.4 million in cash and stablecoins, 15.8 million UNI tokens, and 257 ETH. At the closing exchange rate on that day, these tokens were valued at $95 million. Furthermore, it used 5 million UNI held externally as collateral to obtain a $29 million loan. The fiat currency (USD) and stablecoins on hand will be utilized for grants and operational activities. A substantial UNI reserve will be kept to fulfill future operational requirements, enabling additional upside potential. The funds are anticipated to sustain operations until January 2027. The specific allocations are as follows: $115.1 million was allocated for grants and rewards, with $99.8 million committed for disbursement in 2025 and 2026, and $15.3 million set aside for previously committed grants awaiting distribution. By January 2027, $33 million will be used for operation

Uniswap Foundation Discloses Q1 Financial Overview: Allocates $115.1M for Grantmaking, Operating Funds Sustainable Through January 2027

On May 23rd, the Uniswap Foundation disclosed its Q1 2025 Financial Overview. By March 31, 2025, the held assets consist of $53.4 million in cash and stablecoins, 15.8 million UNI (measured in UNI), and 257 ETH. According to the closing price on March 31, 2025, the total value of these tokens is roughly $95 million. In addition, another 5 million UNI is held externally as collateral, and the Foundation has obtained a $29 million loan against this collateral. The loan is structured through a financial instrument, enabling the Foundation to obtain immediate dollar liquidity without causing a substantial market impact. It provides downside protection for the collateral assets and retains additional upside potential. The held USD cash and stablecoins will be utilized to fund grants and daily operations. A substantial portion of the UNI reserves will serve as future operational funds while still retaining further upside potential. The anticipated operational cycle can be sustained until Ja

Uniswap Rejects Bancor's Patent Infringement Lawsuit

On May 21st, as per The Block, Uniswap Labs, the entity behind the Uniswap decentralized exchange, has turned down the infringement lawsuit that Bancor filed in the Southern District of New York. It is regarded as an attempt by Bancor to "seek attention" during the evolving regulatory landscape of the U.S. crypto and DeFi sectors. This Tuesday, Bancor made an announcement regarding a lawsuit against Uniswap Labs and the Uniswap Foundation, asserting that they had violated its patented technology. Bancor alleges that the Uniswap project has inappropriately utilized its "Constant Product Automated Market Maker" (CPAMM) infrastructure over the past eight years.

Bancor Sues Uniswap, Accusing Its DEX Smart Contract Technology of Patent Infringement

May 20th. As per The Block, the developers associated with Bancor have filed a patent infringement lawsuit against Uniswap Labs and the Uniswap Foundation. They claim that Uniswap Labs and the Uniswap Foundation have illegally utilized its underlying decentralized exchange technology. The lawsuit was initiated by the non-profit organization Bprotocol Foundation, which backs the Bancor protocol, and LocalCoin Ltd., which is Bancor's original developer. The lawsuit was filed in the Southern District of New York and accuses the Uniswap protocol of being constructed on Bancor's patented Constant Product Automated Market Maker (CPAMM) infrastructure. Bancor came up with the CPAMM model in 2016 and developed a mechanism to enable permissionless on-chain transactions through smart contracts. In 2017, the protocol released a whitepaper and submitted a U.S. patent application. Bancor was granted two patents that year and launched the first DEX based on CPAMM. The lawsuit alleges that the origi

Uniswap Investor Address Transfers 11.65M UNI to Coinbase Prime, Worth $82.38M

On May 14th, as monitored by EmberCN, 25 minutes ago, a total of 11.652 million UNI (valued at $82.38 million) from 2 investor/institutional addresses that received UNI allocation from Uniswap in September 2020 was transferred to Coinbase Prime. Earlier on this day, BlockBeats reported that the Uniswap Foundation transferred approximately 438,000 UNI, which entered Binance 1 hour ago.

Uniswap Foundation transferred about 438,000 UNI, which entered Binance 1 hour ago

On May 14th, as per EmberCN's monitoring, the address of the Uniswap Foundation transferred 437,874 UNI (amounting to $3.12 million) to the institutional brokerage platform FalconX within the past 28 hours. And these UNI tokens were sent from FalconX to Binance just 1 hour ago.

Uniswap Introduces "One-Click Coin Swap" Feature

On May 13th, Uniswap made an announcement on social media regarding the launch of the "One-Click Swap" feature. This feature is now active on the Uniswap Web App and supports EIP-5792-compliant smart wallets.

Uniswap Adds Support for Soneium Network

On June 5th, according to official channels, Uniswap has provided support for Sony's L2 network, Soneum.

Uniswap Labs affiliated wallet will deposit 9 million UNI tokens held for 4.5 years into Coinbase Prime

On April 24th, as per the monitoring of Onchain Lens, a wallet linked to Uniswap Labs deposited 9 million UNI (valued at $53.9 million) that had been held for 4.5 years into Coinbase Prime. The wallet received the UNI on September 17, 2020, when the price of UNI was $3.44.

Solana Labs, Consensys, and Uniswap CEOs Donated to Trump Inaugural Fund in January

On April 22nd - A fresh filing submitted to the U.S. Federal Election Commission indicates that in January 2025, the CEOs of Solana Labs, Consensys, and Uniswap donated $1 million, $100,000, and $245,000 respectively to Trump's presidential inaugural fund. (Cointelegraph)

Uniswap Founder: Ethereum Needs Clear Technology Roadmap, Not Hasty Narrative and Strategic Shift

On April 20th, Hayden Adams, the founder of Uniswap, expressed his viewpoints on Ethereum L1 scalability. He said, "I am completely in favor of L1 scalability improvements. In fact, the roadmap centered around rollups truly requires it. However, what I am opposed to are those self-contradictory views: on one hand, claiming that Ethereum is taking the Rollup-centric approach, while on the other hand, demanding that all key functions remain on L1; both needing L2 for scalability and rejecting support due to reasons such as ecosystem alignment. The industry needs to make a clear choice of technological direction and begin to manage relevant risks. Instead of hastily changing narratives and strategies every month, we should not engage in the compromise of trying to be all things to all people, which is probably worse than not choosing any route at all."

The Uniswap DAO has voted to continue implementing its "Treasury Management Proposal" to increase governance participation.

On April 2nd, according to The Block, the Uniswap DAO has voted to move forward with its "Treasury Delegation" plan. This plan could allocate up to 18 million UNI tokens to specific delegates, with a value of approximately $1.134 billion at the current price. After a preliminary governance vote that ended on Tuesday, the proposal has received initial approval. Specific details will be worked out in the future and will be subject to final on-chain approval through voting. Uniswap's first Treasury Delegation plan, "Delegating UNI to Active but Underrepresented Delegates," was launched in December 2023. The aim of this plan is to support "active but underrepresented delegates" in voting who hold UNI tokens. The Tane Delegate Platform stated in the proposal: "This plan is of great significance for maintaining governance health and retaining active and capable delegates." It referred to data from the previous round of funding support and noted that after the plan's launch, "all delegates

Uniswap's Q4 2024 Trading Volume Reaches $235.9 Billion, Setting a New All-Time High

On March 29th, based on Token Terminal data, Uniswap achieved a new all-time high in quarterly trading volume during Q4 2024, reaching $235.9 billion.

49,000 UNI tokens transferred from the Uniswap time lock have been deposited to Binance in the last 5 hours, indicating a potential sell-off.

On March 28th, based on Rekto's monitoring, 490,000 UNI has flowed into Binance within the past 5 hours. This is from the 27.9 million UNI that was transferred out from the Uniswap timelock contract seven days ago (on 3/21). Among the unlocked UNI, 1.24 million UNI (with a value of $8.22 million) has entered Binance in just a bit over a day. Since entering Binance, the UNI price has demonstrated a -6.5% performance.

In the past 24 hours, PancakeSwap's revenue soared to $3.45 million, while Uniswap only reached $123,000

On March 23rd, based on the data from DefiLlama, in the past 24 hours, the revenue of PancakeSwap reached as high as $3.45 million, ranking third on the crypto revenue leaderboard. Tether and Circle ranked first and second respectively with 24-hour revenues of $18.37 million and $6.25 million. Meanwhile, in the past 24 hours, Uniswap was only $122,928, while the mainnet revenue of Ethereum during the same period was $381,599.

The Uniswap community, through two proposals, will allocate $165.5 million to the foundation to incentivize ecosystem growth

On March 20th, based on information from the Uniswap governance website, the Uniswap community has passed two proposals through on-chain voting. These proposals allocate tokens worth $165.5 million to the Foundation in order to incentivize ecosystem development. One of the proposals involves allocating $95.4 million to the Uniswap Foundation for budgetary investments over the next two years. Of this amount, $25.1 million is designated for operations aimed at improving capital efficiency, activating revenue, and onboarding active contributors, among other things. In another incentive proposal, $45 million is budgeted to support liquidity incentive measures.

PancakeSwap's trading volume in the past 24 hours has exceeded $25 billion, surpassing Uniswap by nearly 2x to rank first.

On March 18th, based on DefiLlama data, the 24-hour trading volume of PancakeSwap reached $25.25 billion, ranking first in the overall trading volume of DEX protocols. In contrast, during the same period, the volume of Uniswap was only $13.1 billion.

A whale address mistakenly swapped 220,000 USDC for 5,273 USDT on Uniswap.

On March 12th, as monitored by Onchain Lens, a whale address mistakenly swapped 220,806 USDC for 5,273 USDT through Uniswap, leading to a loss of $215,533.

Uniswap Partners with Robinhood to Launch Native Fiat Off-Ramp Feature

On February 28th, as reported by The Block, Uniswap Labs announced the initiation of native fiat off-ramp functionality. This enables users to convert their crypto assets into stablecoins like USDC or ETH and withdraw them to their bank accounts via integrated services such as MoonPay, Robinhood, and Transak. This feature has been implemented in the Uniswap wallet and is available in over 180 countries and regions. Users can carry out this operation through the Uniswap wallet, and it will be extended to the Uniswap browser extension and official website in the future.

The U.S. Appeals Court mostly affirmed the 2023 ruling, dismissing the class action lawsuit against Uniswap

On February 27th, as per the report by CoinDesk, the U.S. Second Circuit Court of Appeals issued a ruling on Wednesday that largely upheld the dismissal of a class-action lawsuit against the decentralized exchange Uniswap by a lower court in 2023. In 2022, a group of investors sued Uniswap Labs and some of its venture capital backers, claiming that the company had harmed investors by allowing fraudulent tokens to be issued on its protocol. In 2023, Judge Katherine Polk Failla of the Southern District of New York sided with Uniswap and dismissed the case. The plaintiffs appealed Failla's ruling in September 2023. However, the ruling by the Second Circuit Court on Wednesday largely rejected the appeal. The court supported Failla's dismissal of the plaintiffs' claims under the Securities Act and Exchange Act, stating that "holding smart contract creators liable for third-party platform abuse is 'illogical'." The only part that was remanded for reconsideration was the state law claims, w

Uniswap Founder: SEC Probe Consumed Significant Resources for Over 3 Years, All Charges Now Dropped

On February 26th, Hayden Adams, the founder of Uniswap, announced that the "U.S. Securities and Exchange Commission (SEC, under the leadership of the previous administration) had made attempts to accuse Uniswap Labs of operating an unregistered broker-dealer, exchange, and clearing agency, and issuing unregistered securities. Now, these accusations have been withdrawn. Uniswap Labs is not a broker-dealer. The Uniswap protocol is not an unregistered exchange or clearing agency, and it is not operated by Labs. UNI is not a security. The SEC investigated us without a clear legal basis, as a form of selective enforcement strategy, trying to forcefully fit DeFi into an inapplicable regulatory framework while refusing to provide clear rules or compliance pathways. This investigation lasted for more than 3 years, forcing us to waste a significant amount of time and millions of dollars. It also had personal impacts - the federal investigation is highly intrusive and stressful. In the legal w

Cryptocurrency companies like Uniswap, Kraken, are recruiting Washington insiders to engage with the new administration

On February 9th, as per Bloomberg, a growing number of cryptocurrency companies are actively seeking lobbyists with good connections or policy experts in order to enhance their influence in Washington and remain engaged with the newly digital asset-friendly government. Sources privy to the matter disclosed that cryptocurrency companies that have recently shown interest in hiring lobbyists or policy experts include Uniswap, IOHK, Kraken, Jump Trading, and the Solana Foundation. Many cryptocurrency firms are seeking candidates who can utilize their relationships with both the Trump administration and lawmakers on Capitol Hill. The leading Bitcoin mining firm Riot Blockchain Inc. is recruiting a Director of Public Policy and a Manager who will operate under the leadership of the company's current Washington Director of Public Policy, Brian Morgenstern. The cryptocurrency startup Ondo Finance is in the process of recruiting for its first policy position. The Chief Policy Officer role at

Uniswap Founder: V4 Version Will Provide Users with Lower Gas Costs for Swaps, More LP Profits

On February 1st, Hayden Adams, the founder of Uniswap, posted on social media, saying, "Approximately 12 hours after the launch of Uniswap V4, we are testing a $1000 ETH to USDT exchange. Our on-chain routing indicates that to complete the token swap from ETH to USDT through two V4 pools, the total TVL for the best price is $400,000. Although the TVL of the ETH/USDT single liquidity pool in the V3 version is approximately $150 million, the advantages of pure gas efficiency are beginning to emerge (lower cost of native ETH tokens + multi-hop routes). In my opinion, this will be one of the major catalysts for the growth of V4, with lower gas costs, better exchange rates, and more LP profits."