Uniswap

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Research shows that $1.6 billion in liquidity on major decentralized exchanges remained underutilized during the first half of 2026. This amount represented 85 percent of the total tracked across concentrated liquidity pools. Providers missed out on an estimated $150 million in annual fees as a result.

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Uniswap founder Hayden Adams and former SEC chief of staff Amanda Fischer engaged in a public dispute on X over the role of decentralization in crypto. The exchange followed Uniswap's proposal to merge its foundation and labs operations while activating a long-delayed fee switch. Their back-and-forth highlighted ongoing tensions from 2022 regulatory debates.

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