Uniswap CEO Hayden Adams dismissed criticism of the V4 protocol fee switch as ‘FUD’ and ‘made-up maths,’ arguing that fees collected from LPs are additive rather than subtractive to their revenue. Liquidity providers and rival Aerodrome DEX leaders strongly oppose the switch, warning it could trigger LP migration, reduce volumes, and ultimately hurt Uniswap’s revenue. The UNI buyback and burn program, which would be funded by these fees, has also faced scrutiny, with critics suggesting it would be a poor use of capital for a growth-stage company. Despite the disagreement, UNI price rallied 10% in the past 48 hours, potentially reaching the Q2 peak target of $4.1.
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