Uniswaps monthly fees approach 100 million as platform continues to outperform other decentralized exchanges
Uniswap has outpaced all other decentralized exchanges (DEXs) in terms of fees generated in the last month, according to the most recent data from Token Terminal. With close to $100 million in fees earned, Uniswap DAO leads the pack among the top 20 DEXs, surpassing the combined earnings of the next four competitors during this period.
As of June 18, Uniswap DAO has brought in more fees than PancakeSwap, Aerodrome, Uniswap Labs, and GMX put together. While PancakeSwap and Aerodrome are on track to exceed $20 million in earnings for June, the following two are significantly behind.
Uniswap Labs is considered separately by Token Terminal due to its revenue from fees charged to users accessing the DEX protocol through its official frontend application. In April, Uniswap Labs increased the fees for accessing the DEX via its UI from $0.15 to $0.25 following a Wells Notice from the US Securities and Exchange Commission (SEC).
In terms of blockchain fees, Ethereum, Tron, and Bitcoin top the list in the past 30 days, as per Token Terminal data. Most of the highest-earning applications operate on Ethereum, with the platform generating nearly $180 million, followed by Tron with over $130 million and Bitcoin with around $105 million.
Despite the relatively low average transaction fee on Base compared to Ethereum, the platform still ranks among the top 20 due to increased user activity on its Layer-2 blockchain. Notably, the Aerodrome DEX on Base generates roughly double the fees of the underlying Layer-2 blockchain.
