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 | 81.6% | 29 | $62 880.79 | -0.34% | 4.85% | $1 242 317 669 377 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 77.2% | 43 | $2 543.89 | 3.03% | 4.87% | $306 147 363 657 |  |
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| 3 |  USDT |
Tether predictions | 96% | 1 | $1.000208 | 0% | -0.04% | $119 097 562 039 |  |
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| 4 |  BNB |
Binance Coin predictions | 80.4% | 37 | $567.47 | 0.01% | 2.22% | $82 812 786 289 |  |
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| 5 |  SOL |
Solana predictions | 76.4% | 39 | $146.96 | 2.26% | 6.18% | $68 847 921 811 |  |
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| 6 |  USDC |
USD Coin predictions | 95.6% | 1 | $1.000133 | 0.02% | 0% | $35 787 446 042 |  |
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| 7 |  XRP |
XRP predictions | 78% | 36 | $0.585409 | -1.23% | 2.58% | $33 037 282 339 |  |
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| 8 |  DOGE |
Dogecoin predictions | 84% | 30 | $0.105230 | -0.83% | -1.93% | $15 367 655 262 |  |
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| 9 |  TON |
Toncoin predictions | 78.8% | 44 | $5.60 | -2.18% | -3.72% | $14 181 556 392 |  |
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| 10 |  TRX |
TRON predictions | 90% | 8 | $0.151989 | 0.52% | 2.08% | $13 172 859 955 |  |
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| 11 |  ADA |
Cardano predictions | 78% | 41 | $0.351275 | -0.56% | -2.33% | $12 632 078 921 |  |
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| 12 |  AVAX |
Avalanche predictions | 74% | 45 | $27.30 | 2.88% | 10.29% | $11 081 593 423 |  |
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| 13 |  STETH |
Lido stETH predictions | 92.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
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| 14 |  WTRX |
Wrapped TRON predictions | 95.6% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
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| 15 |  WBTC |
Wrapped Bitcoin predictions | 90.8% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 |  |
