ETH - Uniswap Labs Levies 0.15% Fee On Certain Crypto Trades | Benzinga
Uniswap Labs has announced the introduction of a 0.15% fee on specific crypto swaps. Starting Tuesday, the fee will impact trades involving select tokens.
What Happened: As indicated by CoinDesk, the new charge will be applied to trades involving at least two of the following tokens: ETH (CRYPTO: ETH), USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, or XSGD. Notably, transactions involving stablecoins and those between ether and wrapped ether will be exempted from this fee.
This new “interface fee” is distinct from Uniswap’s existing “protocol fee” and is being levied by Uniswap Labs to “sustainably fund our operations”, as mentioned in a company blog post. Hayden Adams, the inventor of Uniswap, has underscored that this fee is one of the lowest in the industry and will ...