- Uniswap’s cumulative front-end fees in 24 days exceeded $1 million, as reported by Token Terminal.
- The platform’s estimated annualized revenue stands at an approximate value of $15.2 million.
- UNI, Uniswap’s token, marks a daily increase of 2.14%, currently standing at $5.45.
In a surprising revelation, on-chain data platform Token Terminal unearthed the massive cumulative front-end fees collected by the decentralized cryptocurrency exchange Uniswap Labs that exceeded $1 million in almost 24 days. According to an X post shared by reporter Colin Wu on his Wu Blockchain page, the estimated annualized revenue stands at an approximate value of $15.2 million.
According to Token Termianl, in about 24 days, the cumulative Uniswap front-end fees collected by Uniswap Labs have exceeded US$1 million. Based on this calculation, Uniswap Labs’ annualized revenue is approximately $15.2 million. About 16% of recent Uniswap trading volume is…— Wu Blockchain (@WuBlockchain) November 12, 2023
Launched in 2018 by Hayden Adams, Uniswap Labs emerged as “a software development company that specializes in creating products for the Uniswap Protocol.” The Uniswap pr…
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