Uniswap Market Share Rises to 31%, Monthly Revenue Reaches $7.2 Million

After Uniswap activated its fee switch, its market share has increased to 31%. Before the fee switch was activated, Uniswap accounted for 21% of the total trading volume on DEXs; after activation, the share remained relatively stable, but with the launch of the Robinhood channel, the market share increased by nearly 10%. At the same time, Uniswap's monthly protocol revenue grew from zero to approximately $7.2 million. Although this is still insufficient compared to the overall valuation, this growth signifies a significant improvement in its value capture capability.

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