Uniswap Labs has increased the fee it charges users for utilizing its interface to trade on the Uniswap protocol, raising it from 0.15% to 0.25% for most swaps.
According to blockchain data, this alteration in policy occurred on April 10, shortly after Uniswap founder Hayden Adams disclosed that the SEC had issued a Wells Notice, indicating a potential lawsuit against the company.
Some swaps are exempt from the fee adjustment, such as transactions involving stablecoins based on the same underlying currency and conversions between ETH and WETH. Users also have the option to avoid the fee by utilizing an alternative interface to access Uniswap rather than the one provided by Uniswap Labs. However, all other trades on the mainnet and supported Layer 2 networks are subject to the increased fee, which is determined by Uniswap Labs.
In an interview with Bankless, Adams characterized Uniswap Labs as a software development entity, highlighting its role in core protocol development. He noted that while Uniswap Labs has built an interface for the protocol, many other developers have also created similar interfaces.
