The ongoing mania for non-interchangeable tokens (NFT) continues to affect the performance of Uniswap as the largest consumer of gas in the Ethereum network. The platform is still in the top three, and now it has become the first protocol, the amount of commissions in which exceeded a billion dollars.
In terms of commissions, the popular DEX is second only to the Ethereum blockchain.
Over the past 24 hours, Ethereum has led the way with more than $ 24 million in commissions, followed by Uniswap with $ 3.4 million (CryptoFees data). The drop in figures was shown by BSC - $ 2.67 million, Aave - $ 1 million, SushiSwap – 957 thousand dollars, then there is the bitcoin network, which earned 633 thousand dollars.
If we talk about a larger time frame, Uniswap became the first DeFi protocol to generate a commission of $ 1 billion.
Uniswap just became the first DeFi protocol to generate $1b in fees https://t.co/44Jo7x2eP2
Uniswap is the undisputed leader in the DEX market, currently it owns 69.4% of the market, SushiSwap is in second place with a share of 10%.
Currently, the decentralized exchange processes transactions worth more than $ 14.5 billion per week and $ 1.68 billion per day. Uniswap is also the only DEX with a six-digit trading volume – 133,733, while 1inch ranks second in terms of the number of traders using the platform – 33,721 people.
Speaking of ETH burning, Uniswap (V2+V3) is the second largest operator, accounting for a total of 2,845 ETH burns. According to Dune Analytics, the OpenSea NFT trading platform is the largest ETH burner – 3363 ETH.
At the moment, 26,826 ETH worth $ 81 million has already been burned.
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