Uniswap Labs’s front-end revenue tops $50 million
Uniswap Labs has generated over $50 million in cumulative front-end fees since implementing a transaction fee on its web interface and wallet app in October. The cumulative front-end fees of Uniswap Labs, the developer firm responsible for the Uniswap protocol, have surpassed $50 million. The protocol implemented a 0.15% fee for user transactions on its […]
Uniswap Ethereum L2 Addresses Reach New High of 8.5M
Uniswap’s decentralized exchange saw roughly twice the amount of Ethereum layer-2 wallet addresses compared to June. Dune analytics data indicated that 8.5 million Ethereum addresses were transacting on Uniswap via L2s such as Arbitrum, Base, Optimism, Polygon, and ZKSync, representing a new all-time high. In June, Uniswap generated nearly $100 million in fees, making it […]
Uniswap Announces $3M Grant in Q2 2024 Financial Report
The Uniswap Foundation disclosed that it has $36.81 million in assets and millions in new grant commitments for Q2. As part of its ongoing dedication to financial transparency, the Uniswap Foundation, a non-profit organization committed to fostering its expansion of Uniswap, has disclosed its financial summary for the second quarter. The foundation disclosed in a […]
Aerodrome Beats Uniswap by 37% in Just 30 Days
Aerodrome, on Base (an Ethereum L2 by Coinbase), reports a 37% increase over Uniswap in the past month, announced on its X account. Aerodrome, a central marketplace for liquidity and trading on Base (an Ethereum L2 of Coinbase), has undergone substantial growth. According to the platform, there has been a substantial 37% increase compared to […]
Uniswap Nosedives 16% Following Announcement of Wells Notice
Following a legal notice from US regulators, Uniswap’s token, UNI, fell 17% and reached its lowest point since late February at $9.27. The exchange received an official investigation Wells notice from the SEC simultaneously with the most recent decline. According to CoinMarketCap data, the market capitalization of UNI coin had a 17% decline in the […]