According to the latest data from Token Terminal, Uniswap has generated nearly $100 million in fees in the past 30 days, more than twice that of other decentralized exchanges (DEX), and significantly ahead of other competitors in the industry.

Data shows that among the top 20 DEXs, Uniswap DAO performed particularly well, with its registration volume even exceeding the total of the next four decentralized exchanges.

Uniswap leads other DEXs in 30-day fees

As of June 18, 2024, the fees generated by Uniswap DAO in the past 30 days are significantly ahead of other decentralized exchanges (DEX), and its combined revenue even exceeds the combined revenue of PancakeSwap, Aerodrome, Uniswap Labs, and GMX. Although PancakeSwap and Aerodrome are each expected to generate more than $20 million in revenue in June, there is still a large gap compared to Uniswap DAO.

Data from Token Terminal shows that Uniswap Labs is included in the statistics as an independent entity. This is because Uniswap Labs charges fees to Uniswap users who use the DEX protocol through its official front-end application as one of its profit methods. In April this year, after receiving the Wells Notice from the U.S. Securities and Exchange Commission (SEC), Uniswap Labs decided to increase the fee standard for its user interface (UI) to access DEX from $0.15 to $0.25.

This fee adjustment reflects Uniswap Labs' strategic adjustment in compliance and profit model, and also highlights its leading position in the decentralized exchange field and its continued investment in user experience. As Uniswap continues to consolidate its market position, its leadership in the DEX field and its contribution to the entire ecosystem are expected to be further enhanced. $UNI

Ethereum tops blockchain in terms of fees

Token Terminal's latest report reveals that Ethereum has maintained its leading position in blockchain network fee revenue over the past 30 days. Data shows that Ethereum has generated nearly $180 million in fee revenue on both its first-layer (L1) and second-layer (L2) expansion solutions, ranking first. Tron followed closely with more than $130 million in revenue, while Bitcoin ranked third with approximately $105 million in revenue. $ETH

The report specifically mentioned that although Base’s average transaction fee is relatively low at about $0.03, far lower than the $4.5 on Ethereum L1, Base still managed to enter the top 20 in terms of revenue due to the surge in user activity on its L2 solution.

Additionally, it is worth noting that Base’s native decentralized exchange (DEX) platform Aerodrome generates roughly twice as much fees as its underlying Layer-2 blockchain, demonstrating the platform’s strong traction and activity among users. #Uniswap #DEX #网络费用 #以太坊

Conclusion

Uniswap's outstanding performance not only proves its competitiveness in the field of decentralized exchanges, but also reflects the trust and reliance of users on its platform. As the entire industry develops and the regulatory environment becomes clearer, Uniswap is expected to continue to maintain its leading position in the DEX field and promote innovation and growth in the entire decentralized financial ecosystem.