The insane transaction fees is a big factor. It is also a whales game, anything less than $5,000 gets stomped by the transaction fees. Version 3 is suppose to be a big help in this regard as well as slippage reduction, but will have to see how they do it.
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Yep fees are just ridiculous, especially for an Uniswap operation.
ETH=WhaleFi :)
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