Analysis shows trading activity outpacing the fees retained by the protocol itself.
CryptoSlate reported that Uniswap processed a record number of swaps in a single day. Over the prior month, liquidity providers collected substantial fees while the protocol captured only a small fraction of that amount. The article observes that available data leaves unclear how much trading volume occurred in pools where fees are enabled. As a result, elevated activity levels have not produced matching revenue for the protocol or its token holders according to the published analysis.
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Analysis shows trading activity outpacing the fees retained by the protocol itself.
CryptoSlate reported that Uniswap processed a record number of swaps in a single day. Over the prior month, liquidity providers collected substantial fees while the protocol captured only a small fraction of that amount. The article observes that available data leaves unclear how much trading volume occurred in pools where fees are enabled. As a result, elevated activity levels have not produced matching revenue for the protocol or its token holders according to the published analysis.
CryptoSlate@CryptoSlate📊 DATA: Uniswap just crossed 7M swaps in a day, roughly 82 per second. The catch: recent data showed about $44M in LP fees over 30 days, but only ~$4M accrued to the protocol. More activity still doesn’t mean proportional UNI value capture.
CryptoSlate@CryptoSlate📊 DATA: Uniswap just crossed 7M swaps in a day, roughly 82 per second. The catch: recent data showed about $44M in LP fees over 30 days, but only ~$4M accrued to the protocol. More activity still doesn’t mean proportional UNI value capture.
