Uniswap Labs hikes swap fee to .25% from .15% on trades through interface | Headlines | News | CoinMarketCap

04/14/2024 01:39
Uniswap Labs hikes swap fee to .25% from .15% on trades through interface | Headlines | News | CoinMarketCap

Uniswap Labs has hiked the fee it charges to users for using its interface to trade on the Uniswap protocol from .15% to .25% for most swaps. The …

Uniswap Labs has hiked the fee it charges to users for using its interface to trade on the Uniswap protocol from .15% to .25% for most swaps.

The change in policy was made on Apr. 10, blockchain data shows, mere hours after Uniswap founder Hayden Adams revealed that the SEC had sent a Wells Notice warning of an incoming lawsuit to the company. 

Certain swaps are excluded from the fee altogether, including stablecoins based on the same underlying currency and wraps between ETH and WETH. Users can also avoid the fee by using an alternative interface to access Uniswap rather than the one developed by Uniswap Labs. All other trades on mainnet and supported Layer 2 networks are subject to the hiked fee, which is determined by Uniswap Labs. 

"[Uniswap Labs is] like a software …

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