Uniswap founders oppose regulating DeFi developers as centralized entities.

Odaily Planet Daily reports that Uniswap founder Hayden Adams has published an article pointing out that some traditional financial institutions are pushing the U.S. Securities and Exchange Commission (SEC) to regulate decentralized protocol software developers as centralized intermediaries. He mentioned that these institutions had previously clashed over the Constitutional DAO auction and are now arguing that DeFi protocols fail to meet the "fair access" standard.

Adams stated that the so-called "fair access" is being used as a reason to strengthen regulation, while open-source, peer-to-peer technology itself can lower the barrier to liquidity creation, which is fundamentally different from the traditional market maker model.