Token

Uniswap

<p class="is-style-lead">Uniswap has generated more than twice in fees compared to any other decentralized exchanges (DEXs) in the past 30 days, latest data from Token Terminal shows.</p> 
<p>With nearly $100 million in fees generated this past month, Uniswap DAO ranks highest among top 20 DEXs. According to on-chain data, Uniswap DAO has registered more than the next four decentralized exchanges combined in this period.</p> 
<h2 class="wp-block-heading" id="uniswap-tops-dexs-by-30-day-fees">Uniswap tops DEXs by 30-day fees</h2> 
<p>As of June 18, Uniswap DAO accounted for more in generated fees than PancakeSwap, Aerodrome, Uniswap Labs and GMX combined. While PancakeSwap and Aerodrome both are on track to surpass $20 million in June, the next two are way below.</p> 
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   <img loading="lazy" decoding="async" width="1024" height="735" src="https://crypto.news/app/uploads/2024/06/token-terminal-1024x735.jpg" alt="Uniswap monthly fees near $100M as platform dominates other DEXs - 17"> 
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<p>When it comes to Uniswap, Token Terminal includes Uniswap Labs as a separate entity. Mainly, this is down to Uniswap Labs’ monetization via fees charged to Uniswap users. The fees apply to accessing the DEX protocol through Uniswap Labs’s official frontend application.</p> 
<p>In April, Uniswap Labs raised fees charged to users accessing the DEX via its UI from $0.15 to $0.25. The move came after the company received a Wells Notice from the US Securities and Exchange Commission (SEC).</p> 
<h2 class="wp-block-heading" id="ethereum-tops-blockchains-by-fees">Ethereum tops blockchains by fees</h2> 
<p>The latest data by Token Terminal <a href="https://x.com/tokenterminal/status/1803120149236424929/photo/1" target="_blank" rel="">shows</a> the top blockchain and dApps platforms by generated fees in the past 30 days as Ethereum, Tron and Bitcoin.</p> 
<p>Most of the top fee-generating applications are on Ethereum (both L1 and L2s). Ethereum currently outpaces the rest with nearly $180 million, while Tron is second with over $130 million and Bitcoin third with roughly $105 million.</p> 
<p>“In the past 30 days, Ethereum generated the most Fees (~$180M). It’s worth highlighting that Base, despite the relatively low average transaction fee of ~$0.03 (compared to ~$4.5 on the Ethereum L1), still places among the top 20 because of the surge in user activity on the L2,” Token Terminal <a href="https://x.com/tokenterminal/status/1803105471722561955" target="_blank" rel="">wrote</a> on X.</p> 
<p>Notably, Base-native DEX platform Aerodrome generates approximately double the fees of its underlying Layer-2 blockchain.</p>

Uniswap monthly fees near $100M as platform dominates other DEXs

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