Uniswap Labs is the venture-backed software development company behind the Uniswap protocol, the world’s most widely used decentralized exchange (DEX) on Ethereum. Founded in 2018 by Hayden Adams, a former mechanical engineer, Uniswap Labs was born out of Adams’ desire to experiment with smart contracts after a friend encouraged him to explore Ethereum development. He received a $100,000 grant from the Ethereum Foundation and launched Uniswap V1 in November 2018 as a proof of concept for a fully on-chain automated market maker.

The protocol rapidly gained traction in the growing DeFi ecosystem. In April 2019, Uniswap Labs raised a seed round led by Paradigm to fund continued R&D. By August 2020, the team had secured an $11 million Series A from Andreessen Horowitz (a16z), with participation from Union Square Ventures, Paradigm, and ParaFi Capital. That same year, Uniswap V2 launched with token-to-token routing and other upgrades. In 2021, Uniswap V3 debuted, offering concentrated liquidity and active LP management—solidifying the protocol’s dominance in DeFi.

In October 2022, Uniswap Labs raised a $165 million Series B led by Polychain Capital, with follow-on support from a16z, SV Angel, and Variant, at a valuation of approximately $1.66 billion. This brought the company’s total funding to over $176 million across three rounds.

Initially focused on developing the core protocol, Uniswap Labs has since expanded its product suite. In mid-2022, it acquired Genie, an NFT aggregator, and soon after integrated NFT trading into its web app—enabling users to buy and sell NFTs across multiple marketplaces. In April 2023, it launched the Uniswap Wallet on iOS—a self-custodial wallet with swap functionality—and in early 2024, released a browser-based wallet extension for seamless in-browser access.

Meanwhile, the Uniswap Foundation was established in 2022 to support the protocol’s decentralized governance and ecosystem growth. While Uniswap Labs faced SEC scrutiny during the broader crypto regulatory wave, the investigation was officially closed in early 2025 with no enforcement action.

As of 2025, Uniswap Labs is headquartered in New York and operates with a team in the low hundreds, including roughly 48 engineers. The company continues to evolve its consumer products, deepen its ecosystem integrations, and support open-source Ethereum tooling.

Uniswap Labs' long-term goal is to make permissionless, decentralized finance accessible to everyone—one product at a time.