Uniswap has generated greater than twice in charges in comparison with some other decentralized exchanges (DEXs) prior to now 30 days, newest knowledge from Token Terminal exhibits.
With practically $100 million in charges generated this previous month, Uniswap DAO ranks highest amongst high 20 DEXs. In keeping with on-chain knowledge, Uniswap DAO has registered greater than the following 4 decentralized exchanges mixed on this interval.
Uniswap tops DEXs by 30-day charges
As of June 18, Uniswap DAO accounted for extra in generated charges than PancakeSwap, Aerodrome, Uniswap Labs and GMX mixed. Whereas PancakeSwap and Aerodrome each are on observe to surpass $20 million in June, the following two are manner under.
Relating to Uniswap, Token Terminal contains Uniswap Labs as a separate entity. Primarily, that is right down to Uniswap Labs’ monetization by way of charges charged to Uniswap customers. The charges apply to accessing the DEX protocol by Uniswap Labs’s official frontend utility.
In April, Uniswap Labs raised charges charged to customers accessing the DEX by way of its UI from $0.15 to $0.25. The transfer got here after the corporate obtained a Wells Discover from the US Securities and Alternate Fee (SEC).
Ethereum tops blockchains by charges
The most recent knowledge by Token Terminal exhibits the highest blockchain and dApps platforms by generated charges prior to now 30 days as Ethereum, Tron and Bitcoin.
A lot of the high fee-generating functions are on Ethereum (each L1 and L2s). Ethereum at present outpaces the remaining with practically $180 million, whereas Tron is second with over $130 million and Bitcoin third with roughly $105 million.
“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 wrote on X.
Notably, Base-native DEX platform Aerodrome generates roughly double the charges of its underlying Layer-2 blockchain.
