{"id":322617,"date":"2021-08-12T07:56:07","date_gmt":"2021-08-12T04:56:07","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/uniswap-has-now-generated-more-than-1b-in-fees-for-liquidity-providers\/"},"modified":"2021-08-12T07:56:07","modified_gmt":"2021-08-12T04:56:07","slug":"uniswap-has-now-generated-more-than-1b-in-fees-for-liquidity-providers","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/uniswap-has-now-generated-more-than-1b-in-fees-for-liquidity-providers\/","title":{"rendered":"# Uniswap has now generated more than $1B in fees for liquidity providers"},"content":{"rendered":"

“# Uniswap has now generated more than $1B in fees for liquidity providers <\/strong>”
\n<\/p>\n

Leading decentralized exchange, Uniswap, has become the first DeFi protocol to generate more than $1 billion worth of platform fees for liquidity providers.<\/p>\n

On August 10, Lucas Outumuro, head of research at crypto data aggregator IntoTheBlock, shared a chart to Twitter<\/a> showing that the combined fee revenues of Uniswap\u2019s v2 and v3 Ethereum mainnet deployments have surpassed $1 billion.<\/p>\n

Including the fees generated by both Uniswap v1 and its v3 deployment on Optimism, Outumuro notes that roughly $1.02 billion has been distributed to Uniswap liquidity providers since the protocol\u2019s creation in November 2018.<\/p>\n

By contrast, IntoTheBlock\u2019s data shows that the Bitcoin network has generated $2.24 billion<\/a> in fees since its 2009 launch, while the DeFi-driven surge in activity on Ethereum has raised its total fee revenue to $4.74 billion in six years.<\/p>\n

\n

@Uniswap<\/a> just became the first protocol to surpass $1B+ in fees <\/p>\n

Congrats to @haydenzadams<\/a> and team pic.twitter.com\/pnA10t41Yo<\/a><\/p>\n

\u2014 Lucas Outumuro (@LucasOutumuro) August 10, 2021<\/a><\/p><\/blockquote>\n