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Since Uniswap Fees Increased, Developers Earn Over $145K a Day Through Ethereum Frontend Alone

2024-05-09 22:23
Odaily Planet Daily News In mid-April, Uniswap Labs increased the swap fee on its interface from 0.15% to 0.25%, which applies to most (but not all) swaps executed using the Uniswap web interface and wallet. The fees have had an impact on the popularity of the Uniswap interface, and in April, the Uniswap front end still accounted for 30% of DEX activity, compared to 35.8% in March. However, the front end is still helping Uniswap Labs replenish its funds, and developers have earned more than $145,000 per day from the Ethereum front end since the fee increase.