# Uniswap review: Trust Score 62/100 (Mixed)

Source page: https://vaultx.llc/reviews/uniswap · independent VaultX review by Rex · updated 2026-10-31

Long-running DEX token that met its launch milestones, but has a CFTC penalty and harsh Trustpilot reviews

UNI launched in September 2020 as the governance token of the Uniswap protocol. Uniswap's own materials show the launch milestones were met and the four-year vesting schedule has finished. Uniswap Labs received an SEC Wells notice in April 2024, which the company says was closed with no action in February 2025. It also settled a CFTC order in September 2024 with a $175,000 penalty. Because Uniswap is non-custodial, many public complaints (especially on Trustpilot) concern lost gas, failed swaps and unsellable tokens, with no refunds available.



**Sources**
- blog.uniswap.org https://blog.uniswap.org/uni
- coinmarketcap.com https://coinmarketcap.com/cmc-ai/uniswap/latest-updates/
- blog.uniswap.org https://blog.uniswap.org/es-ES/latest-updates/page/20
- en.wikipedia.org https://en.wikipedia.org/wiki/Uniswap
- coinmarketcap.com https://coinmarketcap.com/currencies/uniswap/
- developers.uniswap.org https://developers.uniswap.org/docs/ecosystem/governance/faqs

Not financial advice. Nobody can pay for a VaultX review.

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