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The agreement reserves Uniswap Labs' sole discretion to modify the terms at any time, with notice provided only by updating the date and posting a current version at the stated URL; continued use of any Product after posting constitutes acceptance of the modified terms.
This analysis describes what Uniswap's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision establishes that continued use of any Product following a terms update, regardless of whether the user actively reviewed the changes, constitutes binding acceptance; the notice mechanism relies on users proactively checking the terms URL or the document date rather than direct notification to users.
Interpretive note: The enforceability of continued-use-as-acceptance for material contract modifications varies by jurisdiction and claim type; applicable consumer protection law in certain jurisdictions may require affirmative consent to material changes.
The updated terms establish new contractual representations that users must make when agreeing to the agreement. Users now represent that they are not subject to economic or trade sanctions administered by any governmental authority, including OFAC lists, and that they are not citizens or residents of sanctioned jurisdictions. Users also represent that their access and use will comply with all applicable laws and will not be used to conduct or facilitate illegal activity. These representations are legally binding attestations that may be verified. Users in OFAC-sanctioned countries cannot truthfully make these representations and would be unable to use the platform.
View change record →The updated terms establish new restrictions on user conduct and add affirmative representations regarding asset eligibility. Users trading tokenized real-world assets (such as tokenized stocks, ETFs, or commodities) must now represent that they have reviewed issuer information and comply with any restrictions on trading or holding those assets. The terms also explicitly prohibit circumventing access restrictions, including geographic blocks and transfer limitations imposed by token issuers. By continuing to use the platform, users affirm they are legally eligible to trade tokens under their jurisdiction's laws.
View change record →The updated terms establish that Uniswap does not warrant that any digital asset accessible through its products is available for trading, holding, or transacting in your jurisdiction, or that you are legally permitted to do so. The revised language places the burden on you to determine whether a digital asset is lawfully available to you and to comply with any applicable transfer restrictions imposed by asset issuers or regulatory authorities. This means accessing or trading an asset through the Uniswap interface does not constitute Uniswap's determination that you are eligible to do so under your local laws.
View change record →Under this clause, any modifications to the agreement become effective upon posting, and continued use of the Products constitutes acceptance of the modified terms; the notification mechanism consists of updating the date at the top of the document and posting the revised version at the stated URL, without a stated requirement for direct user notification.
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"We reserve the right, in our sole discretion, to modify this Agreement from time to time. If we make any material modifications, we will notify you by updating the date at the top of the Agreement and by maintaining a current version of the Agreement at https://uniswap.org/terms-of-service. All modifications will be effective when they are posted, and your continued accessing or use of any of the Products will serve as confirmation of your acceptance of those modifications. If you do not agree with any modifications to this Agreement, you must immediately stop accessing and using all of our Products.Excerpt from Uniswap's Terms of Service
REGULATORY LANDSCAPE: Modification-by-use provisions in consumer contracts have been subject to judicial scrutiny regarding whether constructive notice through URL posting is sufficient to establish informed consent to material changes. The FTC's guidance on consumer disclosure and the EU's consumer contract directive requirements may interact with this provision, particularly for EU users who have statutory rights regarding contract modifications. GOVERNANCE EXPOSURE: Medium. The absence of a direct notification requirement (such as email notice) for material modifications, combined with the continued-use-as-acceptance mechanism, creates a consent adequacy question that may be evaluated differently across jurisdictions. The provision that material modifications are communicated only by date update and URL posting may not satisfy heightened notice requirements applicable in certain jurisdictions. JURISDICTION FLAGS: EU users may have statutory rights under applicable consumer contract directives that require affirmative consent to material contract modifications rather than implied consent through continued use. California residents and users in jurisdictions with heightened digital contract disclosure requirements face similar considerations. CONTRACT AND VENDOR IMPLICATIONS: Enterprise users with ongoing operational dependencies on the Products should establish monitoring procedures for terms updates at the stated URL to ensure timely awareness of material modifications, given that the agreement does not require direct notification. COMPLIANCE CONSIDERATIONS: Legal teams should assess whether the continued-use-as-acceptance mechanism constitutes valid consent to material modifications under applicable law in all jurisdictions where the Products are used, and whether the current terms monitoring process is adequate.
This provision establishes that continued use of any Product following a terms update, regardless of whether the user actively reviewed the changes, constitutes binding acceptance; the notice mechanism relies on users proactively checking the terms URL or the document date rather than direct notification to users.
Under this clause, any modifications to the agreement become effective upon posting, and continued use of the Products constitutes acceptance of the modified terms; the notification mechanism consists of updating the date at the top of the document and posting the revised version at the stated URL, without a stated requirement for direct user notification.
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