Uniswap now earning $5.2M in daily fees, says founder

Uniswap (UNI) is generating $5.2 million in network fees per day, founder Hayden Adams announced on X. He added that this figure surpasses the fees generated by any protocol other than USDC and USDT. Uniswap has recently begun using a portion of its protocol fees for UNI buybacks and burns. The platform's trading volume has surged this month after it became the primary decentralized exchange (DEX) on the newly launched Robinhood Chain. The recent launch of Uniswap V4, which introduced updated trading features and expanded blockchain support, is also seen as a contributing factor.