@carloswoodallfpp

Uniswap Labs, the company behind the Uniswap decentralized exchange (DEX) protocol, has surpassed $50 million in cumulative front-end fees. The revenue stream stems from a 0.15% fee implemented on user transactions through the Uniswap web interface and wallet app last October. The firm increased this fee to 0.25% in April, contributing to the rise in collected fees. Since the start of the year, these fees have surged from $3.7 million to over $50.6 million, marking more than a thirteenfold increase. Uniswap continues to dominate the DEX landscape, maintaining its position as the largest platform by trading volume. In July alone, Uniswap facilitated $54 billion out of a total $154 billion in swap volume across all DEXs, accounting for nearly one-third of the market.

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