A Major Milestone: Uniswap Front-End Revenue Tops $50 Million

Uniswap Front-End Revenues Hit a Record: What Does It Mean for Users?

The developer company of the Uniswap protocol, Uniswap Labs, has seen its total front-end fees surpass $50 million. The protocol implemented a 0.15% fee for user transactions on its wallet app and online interface in October.

The only recipient of the accumulated fees is Uniswap Labs, which represents a source of income for the company. Uniswap Labs increased this price on its interface from 0.15% to 0.25% in the middle of April. The total fees have climbed from $3.7 million on January 1st to nearly $50.6 million as of this writing, a thirteen-fold increase.

• The total front-end fees collected by Uniswap Labs have exceeded $50 million.
• With almost one-third of all DEX volume in July going to Uniswap, it continues to be the largest DEX in terms of volume.

Uniswap Leads DEX Market: $54 Billion in Swap Volume for July

At over one-third of the total volume of DEX in July, Uniswap continues to be the top DEX in terms of volume. As to The Block’s statistics dashboard, Uniswap hosted $54 billion of the $154 billion in swap volume that occurred throughout the month.

While 1inch was the most popular DEX aggregator in July, it only accounted for 19.8% of DEX activity, while the Uniswap front accounted for 25.7%. The percentage of activity produced by DEX frontends per month is used to measure this.

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