Uniswap governance activated v4 protocol fees across seven blockchains after a proposal supported by 46.6 million UNI tokens passed. Founder Hayden Adams clarified that liquidity providers (LPs) continue to earn their existing pool fees, while traders pay an additional protocol fee, which is additive rather than deducted from LP earnings. For example, a pool charging 30 basis points to traders now adds a 5 basis point protocol fee, making the total fee about 35 basis points, with the protocol fee representing roughly 14% of total fees. Some critics misunderstood the fee structure, thinking LP earnings were reduced or that the protocol took 25% of LP profits, which Adams refuted. The new fee system is live on Ethereum, Arbitrum, Base, BNB Chain, Polygon, OP Mainnet, and Robinhood Chain, with future governance proposals planned to adjust fees if needed. The key test will be whether liquidity and trading volumes remain stable under the new fee model.
This week, Bitcoin exhibited bullish signals as ETF inflows increased, suggesting potential for a sustained uptrend. Uniswap enhanced its UNI token-burning mechanism by routing liquidity from seven competing decentralized exchanges, including Pancake...
Uniswap topped decentralized exchange (DEX) trading volumes over the past seven days, reaching about $13.079 billion. PancakeSwap was second with approximately $5.892 billion, while Aero ranked third with $3.538 billion, including $868 million from i...
Uniswap registered 2,295 new UNI-related wallets in one day, marking its highest daily network growth since November 2022. This surge is linked to recent ecosystem updates, including the launch of Aggregator Hooks on Ethereum, Base, and Robinhood Cha...
Uniswap's UNI token fell 3.15% in one hour to $6.63 and was down 6.49% over 24 hours on Binance's UNI/USDT spot market. During the same hour, $900,000 worth of long positions were liquidated across Binance, Bybit, and OKX, with no short liquidations ...
Arthur Hayes, co-founder of BitMEX, sold about $22.28 million worth of Ethereum (ETH), ENA, and UNI tokens from his family office Maelstrom, citing macroeconomic and geopolitical risks. The sales included 6,400 ETH worth $15.2 million, with proceeds ...
