Uniswap COO Mary-Catherine Lader steps down after four years, as the DeFi giant sees over $73B in 30-day trading volume.
After four revolutionary years with the decentralized finance platform, Uniswap COO and president, Mary-Catherine Lader, has formally resigned.
Her exit signifies a significant shift in leadership for one of Ethereum’s most significant DeFi protocols.
With no successor yet identified, Lader will continue to serve in an advising capacity for now, according to a Bloomberg article.
A Uniswap representative expressed confidence in the company’s capacity to proceed despite the shift by emphasizing that it will “continue to build on her contributions.”
Under Lader, Uniswap Rose To Prominence
Uniswap COO Mary-Catherine Lader was among the first well-known executives to switch from traditional banking to cryptocurrency.
He joined Uniswap in 2021 after working as a managing director at BlackRock.
Along with ending the SEC litigation, Lader oversaw Uniswap’s growth across several blockchains and the introduction of its mobile wallet.
During her time there, she was instrumental in turning Uniswap Labs from a startup focused on developers into a fully functional company.
She oversaw internal development in finance, human resources, policy, legal, and customer service.
Using X (previously Twitter), the former BlackRock executive announced the news, adding,
“Personal news: after four incredible years as President & COO of Uniswap, I’m starting something new. This is a new chapter for crypto. We’ve come a long way since I started digital assets at BlackRock in 2015, and building with Hayden Adams was an awesome adventure. I’m excited to scale from here.”
In response to Uniswap COO Mary-Catherine Lader‘s tweet, Adams expressed his enthusiasm for the plans of the now-former Uniswap COO.
More significantly, Uniswap v4 was introduced under Lader along with the DeFi protocol.
According to DefiLlama, Uniswap’s total value locked (TVL) has risen above $5.3 billion, and its trading volume has surpassed $73 billion over the last month.
The market performance of UNI also reflects the momentum.
With a gain of 1.3% over the previous day and 18% over the last week, UNI is now trading at $9.19.
UNI Price May Experience Short-Term Selling
The Relative Strength Index (RSI), which indicates ongoing purchasing pressure without yet being overstretched, is currently trading at 66.97, just below the overbought zone.
Indicating ongoing bullish momentum, the MACD is positive, and the signal line is beginning to diverge upward.
Strong capital inflows are confirmed by the Chaikin Money Flow (CMF), which is still solidly in positive territory at 0.14.
Near $9.47, the price recently broke through the upper Bollinger Band, indicating possible short-term overheating.
If the bullish trend continues, the next goal may be close to psychological resistance at $10.00.
A longer-term push into $11.50, the levels last reached during the November 2024 rise, may follow.
However, the extension outside the Bollinger Bands may encourage short-term profit-taking, so traders should watch for any indication of consolidation or mean reversion.
