Uniswap 交易额突破 2 万亿美元，无视 SEC 诉讼威胁

尽管面临包括美国证券交易委员会悬而未决的诉讼在内的监管审查，领先的去中心化金融 (DeFi) 交易所 Uniswap 的总交易量仍超过 2 万亿美元，以 22.5% 的份额保持在 DEX 市场的主导地位。根据 SEC 的通知，Uniswap 的日交易量持续达到 30 亿美元，交易费用从 0.15% 上涨至 0.25%。

Uniswap Surpasses $2 Trillion Trading Volume, Defies SEC's Impending Lawsuit

Uniswap 交易量突破 2 万亿美元，无视 SEC 即将提起的诉讼

Amidst heightened regulatory scrutiny, Uniswap, the decentralized finance (DeFi) exchange, has achieved a remarkable milestone by surpassing $2 trillion in total trading volume. Despite facing legal action from the Securities and Exchange Commission (SEC), Uniswap remains steadfast in its commitment to providing unrestricted access to its platform, which facilitates decentralized smart contract trading.

在严格的监管审查下，去中心化金融 (DeFi) 交易所 Uniswap 实现了一个非凡的里程碑，总交易量超过 2 万亿美元。尽管面临美国证券交易委员会 (SEC) 的法律诉讼，Uniswap 仍然坚定地致力于提供不受限制的平台访问，从而促进去中心化智能合约交易。

Unfazed by SEC Notice

未受到 SEC 通知的影响

On April 10, Uniswap was formally notified by the SEC of impending legal action. However, unlike other DeFi platforms that have restricted U.S. users' access due to regulatory concerns, Uniswap has maintained unrestricted access. Uniswap Labs, the platform's supporter, maintains that it merely connects users to decentralized smart contracts, distinguishing itself from traditional exchanges.

4 月 10 日，Uniswap 收到 SEC 的正式通知，即将采取法律行动。然而，与其他出于监管考虑限制美国用户访问的 DeFi 平台不同，Uniswap 一直保持不受限制的访问。该平台的支持者 Uniswap Labs 坚称，它只是将用户连接到去中心化的智能合约，这与传统交易所不同。

Despite an initial dip in the value of Uniswap's governance token following the SEC notice, a recent proposal to reward token holders has bolstered its value by 23% year-to-date. Notably, Uniswap's daily trading volumes have consistently surpassed the $3 billion mark, and the platform has increased its transaction fees from 0.15% to 0.25% subsequent to the SEC notice.

尽管在美国证券交易委员会发出通知后，Uniswap 治理代币的价值最初有所下降，但最近一项奖励代币持有者的提议已使其价值今年迄今上涨了 23%。值得注意的是，Uniswap 的日交易量持续超过 30 亿美元大关，并且在 SEC 通知后，该平台将交易费用从 0.15% 提高到 0.25%。

Ongoing Regulatory Scrutiny

持续的监管审查

The SEC's move against Uniswap is part of a broader regulatory crackdown on the DeFi sector, which SEC Chairman Gary Gensler has likened to the "Wild West." CEO Hayden Adams expressed his disappointment and readiness to challenge the SEC's action. He criticized the SEC's preference for punitive measures over constructive rule-making.

SEC 针对 Uniswap 的举措是对 DeFi 领域更广泛监管打击的一部分，SEC 主席加里·詹斯勒 (Gary Gensler) 将其比作“狂野的西部”。首席执行官海登·亚当斯 (Hayden Adams) 表达了他的失望，并准备挑战 SEC 的行动。他批评美国证券交易委员会偏爱惩罚性措施而不是建设性规则制定。

Dominant Market Position

市场主导地位

Uniswap remains the leading decentralized exchange (DEX) by daily trading volume, capturing 22.5% of the market share. The regulatory scrutiny follows a similar subpoena issued to Uniswap's competitor, SushiSwap, indicating increased regulatory attention on decentralized trading platforms.

按日交易量计算，Uniswap 仍然是领先的去中心化交易所 (DEX)，占据 22.5% 的市场份额。此次监管审查是在向 Uniswap 的竞争对手 SushiSwap 发出类似传票之后进行的，这表明监管机构对去中心化交易平台的关注日益增加。

SEC's Focus on Uniswap

SEC 对 Uniswap 的关注

The SEC's interest in Uniswap dates back to September 2021, when the Wall Street Journal reported that the regulator was investigating Uniswap Labs' operations and marketing practices in the United States. The Wells notice received by Uniswap is a procedural step in the SEC's enforcement process, giving the recipient an opportunity to defend against potential charges.

SEC 对 Uniswap 的兴趣可以追溯到 2021 年 9 月，当时《华尔街日报》报道称，监管机构正在调查 Uniswap Labs 在美国的运营和营销实践。 Uniswap 收到的 Wells 通知是 SEC 执法过程中的一个程序步骤，为接收者提供了针对潜在指控进行辩护的机会。

Significance of Wells Notice

威尔斯通知的意义

A Wells notice is a strong indication that the SEC staff recommends enforcement action against a company or individual. It has been employed in previous SEC actions against major crypto exchanges such as Coinbase and Binance.

Wells 通知强烈表明 SEC 工作人员建议对公司或个人采取执法行动。它曾在美国证券交易委员会之前针对 Coinbase 和 Binance 等主要加密货币交易所采取的行动中使用过。

Conclusion

结论

Despite the regulatory headwinds, Uniswap's resilience and unwavering commitment to accessible decentralized trading are evident. The platform's sustained trading volume and unwavering user base demonstrate its dominance in the DeFi space. As the regulatory landscape continues to evolve, Uniswap's future trajectory will be closely watched by the industry and regulators alike.

尽管存在监管阻力，Uniswap 的韧性和对可访问的去中心化交易的坚定承诺是显而易见的。该平台持续的交易量和坚定的用户基础证明了其在 DeFi 领域的主导地位。随着监管环境的不断发展，Uniswap 的未来发展轨迹将受到行业和监管机构的密切关注。