Uniswap Labs introduced a 0.15% fee in mid-October that applies to web interface and wallet app transactions.
Uniswap Labs, the developer firm behind the Uniswap protocol, has seen its cumulative front-end fees exceed the $1 million mark within a month of their introduction.
This new fee structure stands apart from the longstanding 0.3% protocol fee that Uniswap has charged its users, which serves as an incentive by being distributed among liquidity providers. In contrast, the newly accrued front-end fees are directed only to Uniswap Labs, marking a fresh revenue stream for the firm.
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