Uniswap had no swap fees prior to today's announcement.
Decentralized exchange Uniswap will begin charging a 0.15% swap fee on certain tokens in its web application and wallet on October 17.
According to a post by Hayden Adams, the DEX's founder, the affected tokens are Ethereum , USD Coin , Wrapped Ether , Tether , DAI, Wrapped Bitcoin , Angle Protocol , Femini Dollar , Liquidity USD , Euro Coin , and StraitsX . The interface fees will be deducted from the output token amount. In addition, fees will not be collected on swaps between Ether and Wrapped Ether trading pairs, nor on inter-stablecoin swaps.
I work in crypto because of the immense positive impact I believe it can have on the world, removing gatekeepers and increasing access to value and ownership.
Uniswap is currently one of the most popular DEXs in the industry. Based on data from DeFiLlama, the DEX currently has $3 billion in total value locked, generating upwards of $271 million in annualized protocol fee revenue. It has $12 million in its treasury and has raised $176 million from investors since its inception in 2018.on September 27 that Uniswap Foundation, the DEX's developer is targeting $62 million in additional funding for building infrastructure and ecosystem grants.
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