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
Because the license is revocable and conditioned on compliance with the Agreement, Uniswap can withdraw access, and users have no right to transfer or sublicense their access to others.
The updated terms establish explicit prohibitions on circumventing access restrictions for tokens, including geographic and transfer restrictions imposed by token issuers. Users are now required to represent that they have reviewed issuer information about tokenized assets (stocks, ETFs, commodities) and comply with any restrictions on trading or holding these assets in their jurisdiction. The terms state that certain assets may not be available in all locations, and users must confirm they are eligible to trade these tokens under their local laws. If you trade tokenized assets, review the issuer restrictions and confirm your jurisdiction permits the trades you intend to execute.
View change record →The updated terms establish that Uniswap does not warrant the availability or legality of any digital asset in your jurisdiction, and does not represent that you are permitted to acquire, hold, or transact in any asset accessible through the platform. The revised language places full responsibility on you to determine whether any digital asset is lawfully available to you and to comply with any applicable transfer or holding restrictions. This means Uniswap is disclaiming liability for your compliance with local laws, KYC requirements, whitelisting requirements, or jurisdictional restrictions that may apply to specific assets.
View change record →Users receive only a limited, revocable, non-exclusive, non-sublicensable, non-transferable right to access Uniswap's products, conditioned on adherence to the Agreement.
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"Subject to the terms of this Agreement, we grant you a limited, revocable, non-exclusive, non-sublicensable, non-transferable license to access and use our Products solely in accordance with this Agreement.Excerpt from Uniswap's Terms of Service
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Because the license is revocable and conditioned on compliance with the Agreement, Uniswap can withdraw access, and users have no right to transfer or sublicense their access to others.
Users receive only a limited, revocable, non-exclusive, non-sublicensable, non-transferable right to access Uniswap's products, conditioned on adherence to the Agreement.
ConductAtlas has identified this type of provision across 249 platforms. See the full comparison.
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