Uniswap Labs Raises Interface Trade Fee from 0.15% to 0.25%

Crypto News – Uniswap Labs has recently implemented a significant increase in the fee structure for users engaging in trades via its interface on the Uniswap protocol, raising the fee from 0.15% to 0.25% for most transactions. This adjustment, observed through blockchain data, took effect on April 10th, a short time after Uniswap’s founder, Hayden Adams, disclosed that the Securities and Exchange Commission (SEC) had issued a Wells Notice, indicating potential legal action against the company.

Uniswap Labs Raises Interface Trade Fee from 0.15% to 0.25%

Notably, certain types of swaps are exempt from this fee alteration. Transactions involving stablecoins sharing the same underlying currency and swaps between ETH and WETH are among those excluded from the fee increase. Additionally, users have the option to bypass the fee altogether by utilizing alternative interfaces to access the Uniswap protocol instead of the one developed by Uniswap Labs. However, for all other trades conducted on the mainnet and supported Layer 2 networks, the revised fee structure, as determined by Uniswap Labs, applies.

[Uniswap Labs is] like a software development shop. We’ve done some of the core development of the protocol, In addition, you know, we also have built a an interface to the protocol that we run. But many, many other people have done the same.

Hayden Adams