Mary-Catherine Lader, President and COO of Uniswap Labs, has resigned after four years leading the decentralized exchange protocol. Lader, a former BlackRock executive who joined in 2021, will remain in an advisory role during the transition period. No successor has been named.
During her tenure, Lader oversaw significant milestones including a $165 million funding round in October 2022 that valued Uniswap Labs at $1.66 billion, expansion across multiple blockchains, and the launch of Uniswap's mobile wallet. She also navigated regulatory challenges, including an SEC Wells Notice in April 2024 that was later closed without enforcement, and a CFTC settlement in September 2024 involving a $175,000 fine for offering leveraged derivatives.
The departure drew mixed reactions from the crypto community, with figures like Martin Shkreli criticizing her while Coinbase CEO Brian Armstrong praised her leadership. Despite the executive change, Uniswap maintains strong fundamentals with $5.3 billion in total value locked and recent 30-day trading volume exceeding $73 billion. UNI's price showed resilience, recovering from a July 15 low of $8.74 to $9.16 with a 2.28% daily gain at reporting time, supported by bullish technical indicators including RSI at 67 and positive MACD readings.