Uniswap Achieves Record Swaps Amid Fee Expansion
- Uniswap recorded over 7 million swaps in a single day, averaging approximately 82 swaps per second.
- Fees have been activated across all v2 and v3 pools on eleven chains as of July.
- In August, Uniswap’s protocol earned roughly $4 million in fees, with liquidity providers earning about $44 million over the month.
- Since December, protocol fees have led to the burn of approximately 7.5 million UNI tokens, valued at around $25.6 million.
- The v4 fee structure generated about $300,000 in its first two weeks since activation.
The surge in swap activity highlights Uniswap’s growing presence in the DeFi space, especially following the expansion of its fee structure across multiple chains. However, it remains unclear how much of this activity translates into actual protocol revenue from fee-generating pools.
Despite record swap numbers exceeding seven million daily, actual fees collected by the protocol totaled only around $4 million during that period.(Source)
