• Uniswap claims to have the lowest interface charge in the business.
  • The most up-to-date version of the tokens list will be available in the information center.

Decentralized Crypto Exchange Uniswap, founded and led by CEO Hayden Adams, has stated on twitter that it would begin charging a 0.15% swap fee for select tokens beginning on October 17.

Adams posted on twitter about how pleased he was with Uniswap’s efforts to displace “gatekeepers” and expand digital asset ownership and value creation. The Uniswap team is working hard to establish robust long-term procedures and promote openness and sustainability, two of the protocol’s defining characteristics from the start.

Transparent Pricing

Moreover, this is the first time in Uniswap Labs’ history that a swap charge as low as 0.15% has been implemented on a decentralized exchange. Because of this, it would affect both the Uniswap via the web app and the wallet. Uniswap claims to have the lowest interface charge in the business. ETH, USDC, WETH, USDT, DAI, and others mentioned in the Uniswap support center are among the tokens affected.

Because the protocol “is committed to simple and transparent pricing,” the most up-to-date version of this list will also be available in the information center.

Notably, when these tokens are swapped using Uniswap Labs interfaces on mainnet and supported Layer-2 protocols, swap fees are likely to be incurred. The switch fee is waived for two categories of tokens. The first set of tokens involves a swap from one stablecoin to another, while the second set involves wrapping between ETH and WETH.

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