Hayden Adams Says Messed Up Token Launches Are Likely Intentional

Amid the recent flurry of controversial meme coins on Solana, Uniswap CEO Hayden Adams has weighed in, claiming that flawed launches are often intentional rather than accidental.

Uniswap CEO Hayden Adams has sparked further debate within the crypto community by claiming that flawed token launches are often intentional rather than accidental.

His statement comes in light of recent high-profile token scandals, including the rise and fall of meme coins such as Libra and MELANIA.

In a post on X (Twitter), Adams wrote, “It’s not that hard to do a good/fair token issuance. So if a token launch is messed up, it’s probably by design.”

Several members of the Web3 community have echoed similar sentiments in response to Adams’ statement. They argue that any serious crypto project should prioritize fairness.

“Any serious company should do an auction token sale and launch with as much locked liquidity as possible,” highlighted one user.

However, the controversy also extended to Uniswap's governance token, UNI. Some have pointed out the irony that Uniswap, a decentralized exchange (DEX), has its governance token primarily traded on centralized exchanges (CEXes).

“We end up with the world’s biggest DEX token mostly traded on CEXes: Uniswap can’t even capture its own UNI volume,” noted one critic.

Others have criticized Uniswap for not doing more to prevent unfair token launches. One X user stated that Uniswap could have implemented tools to stop exploitative practices, writing,

“You’re up on your high horse while you always could prevent users from getting sandwiched or creating a fair launchpad with liquidity locked on Uniswap but you never did. What’s your excuse?”

The push for more transparent and equitable launches is likely to intensify as more attention is paid to this issue. Both project teams and platforms like Uniswap will face increasing demands for greater accountability from investors.