Uniswap has generated greater than twice in charges in comparison with some other decentralized exchanges (DEXs) up to now 30 days, newest information from Token Terminal reveals.
With almost $100 million in charges generated this previous month, Uniswap DAO ranks highest amongst high 20 DEXs. In response to on-chain information, Uniswap DAO has registered greater than the following 4 decentralized exchanges mixed on this interval.
Uniswap tops DEXs by 30-day charges
As of June 18, Uniswap DAO accounted for extra in generated charges than PancakeSwap, Aerodrome, Uniswap Labs and GMX mixed. Whereas PancakeSwap and Aerodrome each are on monitor to surpass $20 million in June, the following two are manner under.
In relation to Uniswap, Token Terminal consists of Uniswap Labs as a separate entity. Primarily, that is right down to Uniswap Labs’ monetization through charges charged to Uniswap customers. The charges apply to accessing the DEX protocol by Uniswap Labs’s official frontend utility.
In April, Uniswap Labs raised charges charged to customers accessing the DEX through its UI from $0.15 to $0.25. The transfer got here after the corporate acquired a Wells Discover from the US Securities and Change Fee (SEC).
Ethereum tops blockchains by charges
The newest information by Token Terminal reveals the highest blockchain and dApps platforms by generated charges up to now 30 days as Ethereum, Tron and Bitcoin.
A lot of the high fee-generating purposes are on Ethereum (each L1 and L2s). Ethereum at present outpaces the remaining with almost $180 million, whereas Tron is second with over $130 million and Bitcoin third with roughly $105 million.
“Up to now 30 days, Ethereum generated probably the most Charges (~$180M). It’s value highlighting that Base, regardless of the comparatively low common transaction price of ~$0.03 (in comparison with ~$4.5 on the Ethereum L1), nonetheless locations among the many high 20 due to the surge in person exercise on the L2,” Token Terminal wrote on X.
Notably, Base-native DEX platform Aerodrome generates roughly double the charges of its underlying Layer-2 blockchain.