Uniswap Labs to institute 0.15% fee on select assets and frontends

Traders using frontends built by the Uniswap Labs development team to interact with its DEX will be subject to a 0.15% fee starting Tuesday

article-image

DIAMOND VISUALS/Shutterstock modified by Blockworks

share

Traders who utilize frontends built by the Uniswap Labs development team to interact with the Uniswap DEX will be subject to a 0.15% fee starting Tuesday.

Uniswap founder Hayden Adams announced the fee in an X post today, framing the charges as a way to fund ongoing development. The fee will only apply to the Uniswap web app and the Uniswap.org frontend. 

Loading Tweet..

Assets subject to the fee include “[ether] ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, XSGD,” and both the input and output tokens must be among those subject for the fee to be collected. 

According to info.uniswap.org, the DEX accounts for $2.7 billion in total value locked, and saw over $700 million in volume on a 24-hour basis. By contrast, centralized crypto exchange Coinbase saw $1.75 billion over the past 24 hours. 

The fee is somewhat ironic, given the struggles Uniswap DAO has faced in turning on the “fee switch.” Uniswap’s (UNI) token essentially has two powers: enabling holders to vote on disbursements from the treasury, and enabling a fee on trading pools that would hypothetically distribute to UNI token holders. 

An effort in June to trigger the fee switch failed, with major “no” voters citing tax and regulatory concerns.

In a research note on the announcement, Blockworks Research wrote that the 0.15% fee is more aggressive than centralized exchanges such as Binance, which charges a 0.1% maker and taker fee, but that Uniswap’s volume will remain robust regardless. Metamask Swaps, meanwhile, charges a 0.875% interface fee. 

According to data from Blockworks Research, the fee would have generated an estimated $22 million in revenue YTD for Uniswap Labs. 

Updated Oct. 16, 2023 at 6:33 pm ET: This article has been updated to add additional interface fee and Blockworks Research data.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates.jpg

Research

Figure, founded by former SoFi CEO Mike Cagney, has emerged as a leader in onchain RWAs, with ~$17.5B publicly tokenized. The platform’s ecosystem volume is growing ~40% YoY as it expands beyond HELOCs into student loans, DSCR loans, unsecured loans, bankruptcy claims, and more. Operationally, Figure cuts average loan production cost by ~93% and compresses median funding time from ~42 days to ~10, creating a durable speed-and-cost advantage.

article-image

In bonds, stablecoins and billionaires, a reminder of what makes crypto special

article-image

21Shares exec says CPI and PPI data supports a Fed rate cut, with market leaning toward a 25bps decrease

article-image

The Ethereum co-founder suggested LINEA holders would be eligible for other airdrops in cryptic tweet

article-image

The layer-2’s biggest release yet brings benefits — but a post-upgrade outage caused a chain reorg

article-image

Crypto is shifting into risk-on mode — pump.fun dominates meme activity, while Lido leans on treasury maneuvers

article-image

If the president breaks the Fed, he’ll own the budget problems