Hayden Adams, Founder of Uniswap
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Hayden Adams, Founder of Uniswap

Hayden Adams is a New York-based computer engineer who founded the decentralized exchange Uniswap. Adams worked as an engineer at Siemens after graduating from college, but was laid off after a year. In 2017, he discovered cryptocurrency through a Reddit post by none other than Vitalik Buterin.

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Adams was raised by his parents and learned to code. Karl Floersch, a buddy who works at Ethereum, told Adams that smart contract development is a feasible career path. Adams later became involved with automated market makers and founded Uniswap. Soon after, Floersch connected him to Buterin, who suggested Adams apply for an Ethereum Foundation grant. Adams done so, and the Uniswap project obtained a $65,000 grant from the foundation to fund a comprehensive code audit.

I basically believe that decentralized infrastructure will be the underlying thing for everything. Everything will be settled on Ethereum. … You’re going to have decentralized infrastructure at the center. I do think that’s ultimately where most of liquidity will live

https://twitter.com/haydenzadams

2023

An early version of the Uniswap v4 code has been made available by Uniswap Labs. The founder of Uniswap, Hayden Adams, announced the change in a blog post on June 13. With the use of “hooks,” or plugins, in the new code, developers may design unique liquidity pools. Adams claims that after v4’s “hooks” functionality is put into place, future developers will be able to construct on-chain limit orders, auto-compounded liquidity provider (LP) fees, automated transfers to lending protocols, and many other enhancements to the exchange.

On October 20, Uniswap founder Hayden Adams announced that 99% of the HayCoin (HAY) supply has been burnt. The bulk of the tokens have been taken out of circulation as a result of Adams’ worries about recent price speculation. Prior to the release of the decentralized technology Uniswap, five years ago, Adams distributed the HAY token for testing. He retained more than 99.9% of the HAY tokens in his wallet and established a little test liquidity pool using a very small portion of the whole supply. The token was trading in the six-figure zone, much like a memecoin, only a few weeks ago.

Ultimately, I’m uncomfortable owning almost the entire supply (~99.99%) of a token that people are memeing and speculating on, so I decided to burn the full amount in my wallet (”valued” at an absurd ~$650b)

According to Forbes estimations, in 2023, Hayden Adams’ net worth will be $250 million. The UNI token, the native token of the Uniswap protocol, and his investment in Uniswap Labs account for the majority of his fortune.

Here you can watch the latest interview with Hayden Adams:


2022

While Uniswap had a good year in 2021, Adams is predicted to have an even better year in 2022. Uniswap, according to the founder, will achieve $1 trillion in cumulative volume this year through its million-plus user base. Adams states that the Uniswap development team, Uniswap Labs, would focus on new developer tools and widgets to promote governance participation. They will also work to create “additional pathways to inexpensive, secure, and frictionless trading and coordination.”

Considering the project’s 2021, one can expect that Adams will bring Uniswap to additional networks and introduce new ways to manage liquidity within the platform. As of early January, Uniswap’s Polygon implementation has quickly become the network’s highest-volume DEX protocol.


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