Uniswap: New 0.15% Swap Fee, Among the Lowest in the Market

Hayden Adams. Founder of Uniswap. Introduces a New 0.15% swap fee on selected tokens, steering the company towards sustainability, price transparency and a user-centric priority.

I work in crypto because of the immense positive impact I believe it can have on the world, removing gatekeepers and increasing access to value and ownership.

I’m proud of the ways @Uniswap Labs has contributed to that effort and want to make sure we’re creating sustainable…

— hayden.eth ? (@haydenzadams) October 16, 2023

Adams used X to share this innovation with Uniswap users. He spoke about the importance of breaking down barriers in pursuit of freedom and access to value.

Low Fees Impact: Sustainability and Development

With growth and responsibility comes the need to move towards sustainability. Uniswap is committed to establishing a robust and transparent digital system. It is under this premise that they announce this new 0.15% fee, one of the lowest in the industry, which will enable them to continue building, researching, developing, and enhancing the crypto and DeFi world.

The fee will impact tokens such as USDC, ETH, USDT, DAI, among others. The complete list can be found in the Uniswap help center and will be regularly updated. It is important to note that this fee has exemptions for exchanges between stablecoins and those involving ETH and WETH.

The new fee sets the course that Uniswap aims to follow, with the user at the forefront. Users will have flexibility in using the company’s services. It’s important to note that this 0.15% exchange fee is separate from the fee change in the exchange protocol, which falls under the UNI token governance voting system.

Uniswap Sets the Path to Follow

This recent announcement adds to the list of other highly significant developments that Uniswap has made in its pursuit of becoming a leader in innovation in the world of decentralized finance. This year has brought significant advances, such as the iOS wallet, the Android wallet, and UniswapX.

The latter is a protocol that further expands Uniswap’s capabilities by offering users an enhanced and efficient exchange experience. It is designed to address scalability limitations and efficiency in blockchain networks, providing faster and more cost-effective solutions for users.

Decentralized finance continues to evolve day by day, and Uniswap is paving the way in the industry. Balance, transparency, sustainability, value, and innovation are at the core of its mission.