Uniswap has hiked a majority of its swap fees by 66%, with experts noting that the move is to marshall up enough funds to defend itself against an impending lawsuit by the SEC.
The agency issued a Wells Notice to the decentralized exchange last week, with founder Hayden Adams revealing on Friday that he intends to go the Ripple route and fight the SEC to the end.
Fighting with the Securities and Exchange Commission in court can take years and cost millions of dollars in legal fees, as Ripple has shown. With this in mind, Uniswap has hiked its swap fees as it prepares for a legal showdown with the Gary Gensler-led agency.
Dan Smith of Blockworks Research revealed the new fee structure over the weekend. “The new policy now charges 0.25% on all swaps through the UI and wallet, except stablecoin pairs and wrapping/unwrapping WETH,” the blockchain sleuth posted on X.
BREAKING: Uniswap Labs increased the fee on the swaps through the Uniswap Labs interfaces and expanded the set of fee-eli

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