.jpg)
The latest data from Token Terminal showed that Uniswap generated more than double its fees compared to any other decentralized exchanges (DEXs) in the past 30 days.
With nearly $100 million in fees generated last month, Uniswap DAO ranks in the top 20 DEX platforms. According to on-chain data, Uniswap DAO registered more than the next four decentralized exchanges combined in this period.
Uniswap beats DEXs with 30-day fees
As of June 18, Uniswap DAO accounted for more fees than PancakeSwap, Aerodrome, Uniswap Labs, and GMX combined. While PancakeSwap and Aerodrome are both on track to surpass $20 million in June, the next two companies are much lower.
When it comes to Uniswap, the Token Terminal includes Uniswap Labs as a separate entity. This is mainly because Uniswap Labs is monetized via fees charged to Uniswap users. Fees apply to accessing the DEX protocol through Uniswap Labs’ official front-end application.
In April, Uniswap Labs raised the fees charged to users accessing the DEX via its UI from $0.15 to $0.25. The move came after the company received good notice from the US Securities and Exchange Commission (SEC).
Ethereum leads blockchains in terms of fees
Latest data from Token Terminal Offers Top blockchain platforms and dApps by fees generated in the past 30 days are Ethereum, Tron, and Bitcoin.
Most of the fee generating applications are on Ethereum (either L1 or L2s). Ethereum is currently ahead of the rest with nearly $180 million, while Tron is in second place with over $130 million and Bitcoin is in third place with about $105 million.
“In the past 30 days, Ethereum has generated the most fees (about $180 million). It is worth noting that Base, despite its relatively low average transaction fees of about $0.03 (compared to about $4.5 on Ethereum L1 ), continues to hold a place among the top 20 due to the increase in user activity on L2,” Token Terminal books On X.
Notably, the original DEX platform Aerodrome generates nearly double the fees of its layer 2 blockchain.
