Uniswap Frontend is Feeling the Pressure Since Fee Hike

In mid-April, Uniswap Labs UNI/USD increased the fee to swap on its interface from 0.15% to 0.25%. The fee applies to most, but not all, swaps that are executed using the Uniswap web interface and wallet. Using the Uniswap Labs interface is not the only way to use Uniswap. Traders can use aggregators, alternate UIs, or go directly through the smart contract to make swaps. When the fee was first introduced in October 2023, Uniswap founder Hayden Adams said it would allow his team to "continue to research, develop, build, ship, improve, and expand crypto and DeFi." 

Read the full story at The Block.

UNI/USD Logo
$UNIUniswap
$5.78-4.32%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
66.84
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...