Token Terminal’s latest data shows that Uniswap generated twice as much revenue in the last 30 days compared to other DEXs.
Uniswap DAO is the top DEX in terms of fees, with nearly $100 million generated over the past month. Uniswap DAO, according to data on the chain, has registered more transactions than the four other decentralized exchanges in this period.
Uniswap is the top DEX by 30 day fees
Uniswap DAO generated more fees in June than PancakeSwap combined with Aerodrome, Uniswap Labs, and GMX. PancakeSwap, Aerodrome and GMX are all on track to exceed $20 million by June. The next two are far below.
Token Terminal treats Uniswap Labs separately when it comes to Uniswap. This is mainly due to Uniswap Labs monetization through fees charged to Uniswap Users. These fees are for accessing DEX through Uniswap Labs’ official frontend application.
Uniswap Labs increased its fees for users who access the DEX through its UI in April from $0.15 up to $0.25. The company made the move after receiving a Wells Notice (from the US Securities and Exchange Commission).
Ethereum is the most expensive blockchain
Token Terminal ‘s latest data shows that Ethereum, Tron, and Bitcoin are the top three blockchain and dApps platform by fees generated in the last 30 days.
Ethereum is the most popular platform for fee-generating applications (both L1s and L2s). Ethereum is currently leading the pack with almost $180 million. Tron comes in second with more than $130 million, and Bitcoin comes in third with approximately $105 million.
“In the last 30 days, Ethereum generated most Fees ($180M). Base still ranks among the top 20, despite its relatively low transaction fee ($0.03 compared to $4.5 for Ethereum L1) due to the increase in activity on L2,” Token Terminal posted.
Aerodrome, a base-native DEX platform, generates about twice the fees as its Layer-2 blockchain.
