Uniswap founder Hayden Adams has criticized Aerodrome's revenue model, calling it misleading. Adams highlighted that Aerodrome's claim of having revenue five times that of Uniswap is based on charging 100% of LP fees and returning them to LPs through token issuance or liquidity incentives. This approach inflates revenue figures without representing sustainable fees. Adams argued that if Uniswap adopted a similar model, its reported fee revenue could reach $1 billion. However, Uniswap's protocol design allocates a portion of swap fees to the protocol, with most fees returned directly to LPs, aiming for long-term sustainability rather than inflated figures.