Uniswap Activates Fees on V4 Pools, Generates $325K Daily Revenue

Uniswap, one of the largest decentralized exchanges in DeFi, has activated fees on its v4 pools. On July 27, 2026, the protocol executed Governance Proposal 100, implementing fees across seven networks simultaneously.

The new revenue stream is significant, with Uniswap generating around $325,000 per day from day one. This figure translates to a nine-figure run rate when annualized.

The fee switch affects liquidity pools on Ethereum, Arbitrum, Base, BNB Chain, Polygon, OP Mainnet, and Robinhood Chain. The protocol fee is set at approximately 5 basis points, or one-sixth of the existing swap fee.

Uniswap founder Hayden Adams explained that the design intent was to avoid cannibalizing the returns that keep liquidity in the pools intact. Instead, the fees collected flow into TokenJar contracts, which require the burning of UNI tokens to claim.