Uniswap news

Uniswap logged 915 million swaps in 2025, pushing trading volume past $1 trillion and confirming its leadership in DeFi. The protocol’s annual revenue remains high, with $50 million in earnings and $1.65 billion in transaction fees, yet these gains have not boosted the UNI token, trading at $8.09, down 82 % from its 2021 peak. Investors cite a lack of buybacks, profit sharing, and opaque unlock schedules, making UNI appear “meaningless” compared to the platform’s profitability. Critics also point out conflicts of interest between the core team and holders and the absence of a clear incentive for value creation. To align the token with the platform’s performance, proposals include adding high‑quality on‑chain assets, linking UNI to business results through buybacks or fee distribution, and overhauling the supply mechanism for greater transparency.

Uniswap Foundation has united 18 leading crypto firms—including Polygon, Tally, and the Blockchain Association—to ask Treasury Secretary Scott Bessent to set federal rules that give DAOs clear legal footing. The coalition says U.S. law still lacks guidance on basic DAO tasks such as contract signing, treasury management, and tax compliance, and it proposes Wyoming’s 2024 Decentralized Unincorporated Nonprofit Association model as a practical solution that protects token holders from personal liability. Senator Cynthia Lummis and other bipartisan lawmakers have backed the proposal, citing the President’s Working Group Report on Digital Assets. Signatories warn that regulatory ambiguity could drive innovation abroad to jurisdictions with clearer rules. They seek federal recognition of good‑faith DAO compliance, engagement with pilot projects like DUNA, and the creation of safe‑harbors, interpretive guidance, or tailored rulemaking to keep U.S. innovation at home.

Uniswap governance will vote today on whether to adopt “DUNI,” a Wyoming‑registered Decentralized Unincorporated Nonprofit Association that would give the DAO legal personhood while leaving the core protocol, UNI token, and voting mechanics unchanged. The Uniswap Foundation proposes DUNI as a neutral legal interface that can sign contracts, file taxes, and protect participants from liability, with Cowrie serving as the administrative agent and the Foundation acting as ministerial agent. To fund a legal defense reserve and settle potential U.S. tax liabilities, the Foundation is asking for 16.5 million UNI, plus a 75,000‑UNI fee for Cowrie. Delegates largely support the move for clearer liability protection and off‑chain execution, citing its potential to enable the long‑delayed fee‑switch mechanism, though some raise concerns about transparency and agent replacement. If passed, DUNI would provide Uniswap with formal legal standing for future initiatives while preserving DAO control.

Despite a flat crypto market that has seen its $4 trillion cap drop 3.5 % and widespread weakness, on‑chain data indicates that smart‑money wallets are quietly accumulating in three altcoins. Shiba Inu smart‑money holdings rose 9.3 % and the top 100 addresses added 152 billion tokens while exchange balances fell 1.1 trillion, pushing the token near a 4‑hour resistance of $0.00001244 with upside at $0.00001273. Uniswap’s UNI saw a 6.5 % rise in smart‑money ownership and added whales on the buy‑side; the 4‑hour chart shows a bullish trendline around $9.77 with resistance at $9.90 and a test at $10.20. Lido DAO’s LDO increased by 2.4 % in smart‑money hands against a 13.5 % whale sell‑off, netting roughly $4.7 million in buying pressure and breaking a descending triangle with resistance near $1.29. Analysts view the moves as early bets on September rate cuts and a potential DeFi rally.

A phishing attack drained nearly $1 million from a crypto investor after the user signed a batch of malicious transactions disguised as Uniswap swaps, according to Scam Sniffer. The scam exploited Ethereum’s EIP‑7702 delegation, introduced in the Pectra upgrade to let wallets act like temporary smart contracts for batching and gas sponsorship. Attackers weaponized the feature with copy‑paste scripts that audit wallets and drain assets once a signature is confirmed. Wintermute’s June analysis showed more than 90 % of EIP‑7702 delegations linked to malicious contracts, signalling a growing threat. SlowMist and Scam Sniffer advise users to verify domain names, avoid rushed confirmations and reject vague or broad signatures. Red‑flag signs include unlimited token approvals, unexpected contract upgrades under EIP‑7702, or mismatched transaction simulations.

Uniswap’s Foundation announced a proposal to transform the decentralized exchange’s governing body, Uniswap Governance, into a Wyoming Decentralized Unincorporated Nonprofit Association (DUNA), a legal framework created last year to give DAOs formal recognition. The move, explained by Foundation counsel Brian Nistler, would provide Uniswap Governance with a U.S. legal structure that protects individual members from liability while enabling treasury management, hiring legal and accounting services, and potentially revisiting a fee‑switch model that would allocate a share of trading fees to UNI holders. Over the past month the DEX has amassed roughly $122 million in fees, with $6 billion in digital assets under management. Wyoming’s DUNA law allows DAOs to contract, own assets, sue or be sued, and pay taxes without sacrificing decentralization, a benefit the proposal aims to secure for the largest DAO in the space. The Uniswap Foundation, a U.S.‑registered nonprofit independent from Uniswap Labs, would remain funded by the governance structure but are distinct entities. Nistler noted that implementation would alter only marginally on-chain, with existing smart‑contract procedures and snapshot voting staying intact.

Coinbase has added decentralized exchange trading directly into its app via Base, expanding access from about 300 listed tokens to millions of Base‑native assets. The new feature lets selected U.S. customers—excluding those in New York—trade newly launched Base tokens within moments of their release through the familiar Coinbase interface. By routing trades through leading protocols such as Aerodrome and Uniswap and employing liquidity‑scanning aggregators, the platform blends DeFi’s speed and breadth with a centralized user experience; DefiLlama data shows Base was the fourth‑largest spot‑volume network in July, with over $41 billion traded. Coinbase also provides a built‑in self‑custody wallet, covers all network fees, and allows funding from a user’s Coinbase balance or USDC. The exchange plans to add more Base assets daily, roll out the service in batches to preserve performance, and eventually extend DEX support to other networks like Solana while blocking malicious tokens identified by third‑party vendors.

The SEC’s Project Crypto, announced yesterday, intends to bring U.S. securities onto the blockchain via regulated on‑chain trading, custody and tokenized securities. While the broader market slid 7.2% since the announcement, institutional whales quietly amassed assets in Chainlink, Clearpool and Uniswap, anticipating the new framework. Chainlink’s whale holdings rose 13.5%—about $7.7 million—despite a 7.7% weekly decline, underscoring its value as a price‑oracle for future tokenized securities. Uniswap saw whale stacks grow 7.3% in the past week to about 6.1 million units, while exchange supply dipped slightly, signaling long‑term conviction. Clearpool attracted a 1.8% whale‑driven increase despite an 8.7% price drop, indicating interest in on‑chain credit markets and positioning ahead of possible regulatory clarity.

Mary‑Catherine Lader resigned as president and chief operating officer of Uniswap Labs after four years, moving into an advisory role for the company. The former BlackRock managing director arrived at Uniswap in 2021, bringing experience from her role as global head of Aladdin Sustainability. The protocol, launched by Hayden Adams in 2018, has not yet named a successor, but it remains Ethereum’s largest decentralized exchange with daily trading volumes exceeding $73 billion. Lader oversaw the transformation of Uniswap from a developer‑centric startup into an organized company, establishing finance, legal, HR, marketing, policy and customer‑support infrastructure. Under her tenure the firm raised $165 million in 2022, valuing the business at approximately $1.66 billion. In February the U.S. Securities and Exchange Commission closed an investigation stemming from a 2024 Wells notice, ending the regulatory inquiry without enforcement.

Project X aims to become the front‑end champion for the HyperEVM layer‑1 chain powering Hyperliquid by targeting mass adoption through a distribution‑first approach. The team stresses marketing, user experience and incentives, claiming infrastructure is mature but crypto still struggles to reach everyday users. Its first phase is an AMM DEX on HyperEVM that will later integrate with HyperCore, routing trades to the cheapest venue—a Hyperliquid‑unique feature. The interface uses a low‑fee drag‑slider liquidity system that rewards LPers with points, simplifying onboarding and offering higher returns than rivals. Leveraging its Crypto Twitter presence, Project X is self‑funded and plans to drive engagement via social media, arguing attention and culture are new competitive edges. The team expects the expanding Hyperliquid ecosystem and frequent asset listings to let Project X capture a long tail of tokens and thrive as the next wave of DeFi winners.