🚀 Uniswap Introduces Fee for Swaps

posted  17 Oct 2023
Photo - Uniswap Introduces Fee for Swaps
Starting from October 17th, Uniswap Labs will implement a 0.15% fee on swaps conducted via their web app and wallet. This fee applies to ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, and XSGD.

Currently, 35% to 40% of transaction volume on Uniswap goes through its front end. 

This fee is separate from the Uniswap Protocol fee switch, which is determined by UNI token governance.

“This interface fee is one of the lowest in the industry, and it will allow us to continue to research, develop, build, ship, improve, and expand crypto and DeFi.” - says founder of Uniswap.