Uniswap Labs Surpasses $50 Million in Front-End Fees

Aug 13, 2024, 05:41 AM

Uniswap Labs has achieved a significant milestone by surpassing $50 million in cumulative front-end fees. This marks a substantial increase from $3.7 million at the start of the year. The growth in revenue follows a fee increase to 0.25% implemented in October. In the second quarter, Uniswap Labs generated $30.3 million in revenue. The platform has also seen over 200 million visits to its web app in the past year, highlighting its continued dominance in the decentralized exchange (DEX) market.