Uniswap Surpasses 1.2 Billion Swaps: Milestone Growth, Leadership Shakeup, and Victory Over SEC

The decentralized exchange Uniswap has reached a major milestone between 2024 and 2025 — users have executed over 1.2 billion swaps. This development highlights the rapid growth of on-chain trading and comes at a time of significant leadership changes within the company.

🔹 Massive Growth in Platform Activity According to statistics published by Uniswap Labs, there were 670 million swaps in 2024 and another 640 million in the first seven months of 2025. Combined, this pushed the platform over the 1.2 billion swap mark, averaging over 90 million monthly swaps. From 2018 to 2021, annual swap counts remained under 100 million. But 2022 marked a turning point, and subsequent years — especially 2024 — saw exponential growth. With current trends, 2025 is on track to break all previous records.

📊 $73 Billion in Trading Volume Over 30 Days According to DeFiLlama, Uniswap recorded over $73 billion in trading volume over the past 30 days. This underscores not only sustained user engagement but also the protocol’s strength as a leading decentralized exchange (DEX). Uniswap's rise is further supported by its expanded multichain capabilities and the growing adoption of on-chain, trustless trading, making it a core player in the DeFi ecosystem.

👤 Leadership Change: COO Steps Down This growth coincides with a major shift in leadership. Mary-Catherine Lader, who served as President and Chief Operating Officer of Uniswap Labs since 2021, has resigned. Lader joined Uniswap from investment giant BlackRock, where she led sustainable investment initiatives. At Uniswap, she oversaw all operations — from finance and legal to marketing and customer support. She is now transitioning into an advisory role. A new president has not yet been announced.

⚖️ SEC Closes Investigation Without Enforcement Meanwhile, there has also been a major regulatory development. The U.S. Securities and Exchange Commission (SEC) officially closed its investigation into Uniswap Labs in February 2025 without any enforcement action. The inquiry began in April 2024 with a Wells Notice, but ultimately no lawsuit was filed. This marks a legal win for Uniswap and sends a broader signal to the DeFi space that regulatory scrutiny can be managed.

#uniswap , #UNI , #defi , #cryptotrading , #SEC

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