Uniswap Surpasses $99M Monthly Fees, Lifetime Revenue Tops $5.7B After V4 Upgrade

Uniswap, the largest decentralized exchange in crypto, has reached new heights with $99.06 million in fees over the past 30 days, surpassing its lifetime protocol fees to $5.72 billion.

The milestone is largely due to the recent V4 fee switch, which links protocol revenue to tokenomics through buy-and-burn flows.

This upgrade has sparked fresh on-chain growth, with new addresses increasing to 510-582 and daily active addresses reaching 2,341-2,457 in a single day.

The market reacted positively to the change, with UNI rallying nearly 19% from $3.83 to $4.54 before settling near $4.09.