Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Decentralized Exchange Uniswap's Revenues Have Increased Hugely in Recent Months! Here's Why

Decentralized Exchange Uniswap's Revenues Have Increased Hugely in Recent Months! Here's Why

BitcoinsistemiBitcoinsistemi2024/08/13 13:33
By:Utku Yanık

Uniswap Labs, the developer behind the popular Uniswap protocol, has announced that its total revenue has surpassed $50 million.

Uniswap Labs, the developer behind the popular Uniswap protocol, has announced that its total revenue has surpassed $50 million.

Uniswap Front-End Revenue Surpasses $50 Million

Uniswap Labs has seen significant growth in its revenue stream since implementing a 0.15% fee on transactions made through its web interface and wallet app in October.

The company’s decision to raise this fee to 0.25% in mid-April further boosted its earnings. The fees collected are directed exclusively to Uniswap Labs, marking a significant revenue milestone for the firm.

Year-to-date, total prepayment fees have increased more than thirteenfold, from $3.7 million in early January to more than $50.6 million currently.

Uniswap continues to be the leading decentralized exchange (DEX) in terms of trading volume, capturing nearly a third of total DEX volume in July. Uniswap handled $54 billion of the $154 billion total swap volume for the month.

Related News Three Arrows Liquidators Demand $1.3 Billion for Terra (LUNA) Collapse

Users who want to skip transaction fees can turn to DEX aggregators such as 1inch, Cowswap and Paraswap.

Despite the fees, Uniswap accounted for 25.7% of DEX activity in July, compared to 19.8% for the most prominent DEX aggregator, 1inch. These figures represent the share of monthly DEX activity generated by different platforms.

The impressive revenue growth underscores Uniswap’s dominance in the decentralized finance (DeFi) space and highlights its continued appeal to users despite the associated transaction fees.

*This is not investment advice.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

38% Dogecoin Rebound, Cardano Tests AI Limits, But Unstaked’s AI Advantage Steals the Show

Dogecoin (DOGE) jumps 38%, and Cardano (ADA) launches an AI testnet, but Unstaked’s advanced AI agents go beyond marketing, offering real impact and value.Dogecoin (DOGE) Future: Aiming for $3.94 with MomentumCardano (ADA) Blockchain Tests AI ScalabilityUnstaked: AI That Goes Beyond MarketingFinal Take: Real AI Utility vs. Hype

Coinomedia2025/05/08 21:11
38% Dogecoin Rebound, Cardano Tests AI Limits, But Unstaked’s AI Advantage Steals the Show

ETH Trades at Historic Lows vs BTC Since 2019

ETH hits lowest value compared to BTC since 2019, raising questions on a potential rebound amid mixed fundamentals.ETH Undervalued Against BTC: A Historical SetupBullish History, Bearish FundamentalsPatience Required for Ethereum Bulls

Coinomedia2025/05/08 21:11
ETH Trades at Historic Lows vs BTC Since 2019

Popcat Climbs, Dogecoin Stalls, But BTFD Triples Tokens with 200% Bonus—Best Meme Coin Presale to Buy Now Before May 26 DeadlineConclusion: Don’t Mis

BTFD Coin surges in Stage 15 with 90% APY staking and 200% bonus. Best meme coin presale to buy now before it launches on May 27!BTFD Coin (BTFD) – The Bulls Are Charging, Are You In?Dogecoin (DOGE) – The OG Meme King Facing Shaky GroundPopcat (POPCAT) – The Smart Money Magnet of the Moment

Coinomedia2025/05/08 21:11
Popcat Climbs, Dogecoin Stalls, But BTFD Triples Tokens with 200% Bonus—Best Meme Coin Presale to Buy Now Before May 26 DeadlineConclusion: Don’t Mis

SHIBA’s Hype Fades, ADA Devs Work; Meanwhile, Web3 ai Becomes Highest Trending Crypto With $500K Frenzy

Explore Shiba Inu (SHIBA) recovery trends, Cardano (ADA) prediction backed by developer growth, and how Web3 ai’s Portfolio Optimizer replaces guesswork with smart strategy. Learn why Web3 ai is gaining traction among the highest trending crypto tools.Web3 ai’s Portfolio Optimizer Turns Guesswork Into GainsShiba Inu (SHIBA) Recovery Sparks Renewed Interest After Key Price ReboundCardano (ADA) Prediction: Development Surge Fuels Bullish OutlookStrategy Over Speculation

Coinomedia2025/05/08 21:11
SHIBA’s Hype Fades, ADA Devs Work; Meanwhile, Web3 ai Becomes Highest Trending Crypto With $500K Frenzy