Ripple CTO: Uniswap v3 is not DeFi, and it’s not decentralized

According to, Ripple’s Chief Technology Officer David Schwartz took a shot at automated market maker Uniswap, saying that Uniswap v3 is not DeFi and that it is not decentralized if a person or group has enforceable legal rights, and that Schwartz believes the protocol is centralized because it is controlled by Uniswap Labs.