Uniswap’s daily fee generation tops Bitcoin’s by $1.7 million
Uniswap is currently the second-ranked crypto platform by daily fee generation after Ethereum. The world’s top decentralized exchange, Uniswap, is currently beating out Bitcoin’s daily fee generation by more than 50%.
According to the data tracking website, CryptoFees, the leading Ethereum-powered decentralized exchange Uniswap has generated more than $4.8 million worth of fees over the past 24 hours. This has propelled the automated market maker into second place above Bitcoin — which has generated just $3.1 million.
The top network by daily fees is Ethereum with $16.5 million — which beats out the other 30 other networks tracked by CryptoFees combined. It appears Uniswap’s dominance over Bitcoin may be short-lived, with Bitcoin beating out Uniswap for daily fees averaged over the past seven days by nearly 20% — with BTC pushing $4.15 million compared to Uniswap’s $3.5 million.
Uniswap’s high fees are a product of Ethereum’s exorbitant gas prices, with mainnet transaction fees currently sitting at $13.60 on average, according to BitInfoCharts. According to Etherscan, token swaps on Uniswap currently cost $33.68 on average.
ETH Gas Station reports that Uniswap is the largest gas guzzler in the industry, generating a whopping $2 million in Ethereum fees over the past 30 days. The Tether stablecoin takes second place for gas usage with $1.65 million generated over the same period. These high fees have made Ethereum-powered DeFi inaccessible to many newcomers, driving some users to cheaper alternatives such as the Binance Smart Chain-powered PancakeSwap DEX. As reported by Cointelegraph, PancakeSwap is eating into Uniswap’s market dominance.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 77.6% | 42 | $57 397.14 | 5.51% | -0.13% | $1 084 001 374 692 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 78.8% | 32 | $4 325.04 | 6.69% | 3.38% | $512 656 495 446 |  |
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| 3 |  BNB |
Binance Coin predictions | 73.6% | 53 | $609.29 | 4.33% | 7.07% | $101 630 227 689 |  |
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| 4 |  USDT |
Tether predictions | 96% | 1 | $1.000997 | 0.02% | -0.01% | $73 194 134 956 |  |
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| 5 |  SOL |
Solana predictions | 69.2% | 65 | $203.84 | 7.44% | -8.23% | $61 976 513 439 |  |
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| 6 |  ADA |
Cardano predictions | 68.8% | 60 | $1.59 | 5.99% | -11.72% | $52 852 892 795 |  |
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| 7 |  XRP |
XRP predictions | 74.8% | 51 | $0.987767 | 7.45% | -5.41% | $46 582 102 093 |  |
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| 8 |  USDC |
USD Coin predictions | 91.2% | 2 | $0.998878 | -0.13% | -0.10% | $38 347 542 030 |  |
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| 9 |  DOT |
Polkadot predictions | 62.4% | 75 | $36.25 | 8.95% | -9.51% | $35 798 276 399 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 61.6% | 74 | $0.205694 | 2.60% | -7.52% | $27 214 125 290 |  |
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| 11 |  AVAX |
Avalanche predictions | 62% | 75 | $112.35 | 3.84% | -16.51% | $25 147 340 195 |  |
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| 12 |  SHIB |
SHIBA INU predictions | 63.2% | 77 | $0.000039 | 3.61% | -9.86% | $21 537 353 661 |  |
|
| 13 |  CRO |
Crypto.com Chain predictions | 57.2% | 90 | $0.766272 | 1.87% | 10.94% | $19 358 331 922 |  |
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| 14 |  LUNA |
Terra predictions | 62.8% | 72 | $49.02 | 8.15% | 18.38% | $19 258 363 664 |  |
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| 15 |  WBTC |
Wrapped Bitcoin predictions | 78% | 46 | $56 525.74 | 5.34% | -1.06% | $14 327 926 572 |  |
