The President and COO of Uniswap Labs has resigned, having promoted the protocol's multi-chain expansion during their tenure.

Former BlackRock Executive Exits, Previously Led Uniswap's Multi-Chain Strategy According to CoinDesk, Mary-Catherine Lader, a former executive at BlackRock, joined Uniswap Labs in 2021 with the aim of bridging traditional finance and decentralized protocols. Her addition has brought more compliance perspectives and institutional-level strategic thinking to Uniswap.

During her tenure, Uniswap achieved the following key milestones:

  • Supports multiple blockchain expansions, including Optimism, Arbitrum, Polygon, etc.
  • Launch an official mobile wallet to enhance convenience for retail users.
  • An important infrastructure relied upon by developers and institutions.

As of her departure, Uniswap's total value locked (TVL) remained steady at over $5.3 billion (data source: DeFi Llama).

Regulatory challenges gradually resolved, Uniswap stands firm in compliance territory Lader's departure coincides with Uniswap recently completing several key regulatory actions. In April 2024, Uniswap Labs received a Wells notice from the U.S. Securities and Exchange Commission (SEC), accusing it of providing services as an unregistered broker and exchange.

In September of the same year, the company reached a settlement with the Commodity Futures Trading Commission (CFTC) of the United States, paying a fine of $175,000 to resolve the lawsuit arising from the provision of leveraged digital asset derivatives through its interface (considered margin commodity contracts).

Since then, U.S. policy has gradually shifted, with President Trump explicitly expressing support for the cryptocurrency industry, promoting a legislative agenda that includes the GENIUS Act (aimed at establishing a national Bitcoin reserve), and calling for the creation of "clear and simple" cryptocurrency regulatory rules. The current policy environment for Uniswap is more stable and friendly compared to the past.

Successor Undecided, But Uniswap's Foundation Is Solid and Promising As of now, Uniswap Labs has not announced a successor to Lader. However, the protocol has established a solid foundation in multi-chain expansion, compliance adjustments, and market structure, and it has the capability to continue leading in the DEX space.

It is widely believed in the industry that under the "crypto-friendly" stance of the Trump administration and the push of the GENIUS Act, Uniswap is expected to gain more institutional support and mainstream adoption. Gate.io market shows that UNI is currently priced at $9.267, with a 24-hour increase of 2.1%.

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