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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CryptocurrencyNewsMarketsTrading Ideascontributors
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!