It’s the weekend, and
$UNI still hasn’t been idle—continuing to set new recent highs.
uni’s strengths help it solidify its position as the No. 1 spot DEX.
I’m an absolute advocate of
$UNI , but we also have to admit that uni has some challenges it needs to face.
Trading costs:
Although uni allows setting different fee tiers, such as 0.01%, 0.05%, and so on, competitors like PancakeSwap can offer more direct low-cost experiences for certain assets, certain chains, and certain trading scenarios.
Because it enables customizable trading fee rates, even though it isn’t the most expensive dex, it also hasn’t established an absolute moat on the “lowest cost” dimension.
Higher complexity:
uni has products like V2, V3, V4, Hooks, Unichain, and UniswapX. While its ecosystem is getting stronger for investors, for LPs, users, and developers, its product lineup is too fragmented.
It requires more understanding and carries security risks.
This also raises another question: as uniswapV4 becomes more open, will it become harder to manage instead?
#DEX