Uniswap monthly fees near $100M as platform dominates other DEXs
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.
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.
Uniswap tops DEXs by 30-day fees 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.
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.