According to Foresight News, during the 'Is DeFi Back?' panel discussion at the Permissionless II Summit, co-hosted by Blockworks and Bankless, Uniswap Labs Chief Operating Officer Mary-Catherine Lader addressed the question of whether DeFi protocols should focus more on fees and Total Value Locked (TVL) metrics. Lader stated that they are more concerned with user metrics, such as the number of unique users and wallets, and whether they are genuinely active. For Uniswap Labs, these figures are more meaningful than TVL and fees, as they can help understand user needs, guide future development, and encourage more user participation.

The Permissionless II Summit took place from September 11th to 13th at the Austin Convention Center in Austin, Texas.