Crypto Exchange Uniswap Says It Collects Users' Public On-Chain Data

The development lab behind the decentralized exchange said personal identifiers are not collected.

AccessTimeIconNov 21, 2022 at 1:33 p.m. UTC
Updated May 9, 2023 at 4:03 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Uniswap Labs, the development team behind the decentralized exchange Uniswap, said in a newly released privacy policy that it collects certain on-chain data from its users to continually make improvements to its product.

“We do want to make data-driven decisions that improve user experience,” Uniswap Labs said. “That includes public on-chain data and limited off-chain data like device type, browser version, etc.”

Uniswap Labs said it doesn't collect personal data, such as first name, last name, street address, date of birth, email address or internet-protocol address.

The Monday post – which was apparently scheduled for a Tuesday release was deleted at publishing time – but is accessible here.

In its privacy policy, Uniswap Labs stated it uses user data to improve services and products offered by the company, stop fraudulent or illegal activity, solve potential security issues such as bugs and even provide the collected information collected as needed or requested by regulators, government entities and law enforcement to comply with applicable laws and regulations.

The firm said it doesn't share user data with any third parties for marketing purposes.

Uniswap Labs collects, uses and shares data from users interacting with the Uniswap web app and www.uniswap.org – a front end managed and maintained by Uniswap Labs, a New York-based company.

This is different from Uniswap’s smart contracts – a decentralized service that exists on the Ethereum blockchain.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.

Shaurya Malwa

Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


Read more about