Uniswap Protocol Revenue Nearly Triples After v4 Fee Switch as UNI Tops $4

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Uniswap protocol revenue nearly tripled since the v4 fee switch activation on July 27, with approximately $325,000 flowing toward UNI burns in the past 24 hours, versus roughly $114,000 per day earlier in July. The UNI token rallied 12% to about $4.40. Proposal 100 extended fees to v4 pools across seven chains including Ethereum, Arbitrum, Base, BNB Chain, Polygon, OP Mainnet, and Robinhood Chain. Robinhood Chain supplied more than half of the day’s revenue at $170,353, while Ethereum contributed $81,866. Total burn-bound revenue since the mechanism launched in late December amounts to approximately $28 million, with the UNI dead address now holding 107.8 million UNI worth roughly $34 million at current prices.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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