Both wrapping Ether and trading between stablecoins are free of charges.
On October 17, decentralized exchange Uniswap (UNI) will introduce a 0.15% swap charge for some coins in its web application and wallet.
Stay in the know on crypto by frequently visiting Crypto News Today
The affected tokens are Ethereum (ETH), USD Coin (USDC), Wrapped Ether (WETH), Tether (USDT), DAI, Wrapped Bitcoin (WBTC), Angle Protocol (agEUR), Femini Dollar (GUSD), Liquidity USD (LUSD), Euro Coin (EUROC), and StraitsX (XSGD), according to a post by Hayden Adams, the inventor of the DEX.
The output token amount will be reduced by the interface fees. Additionally, neither fees nor inter-stablecoin costs will be charged for exchanges between the trading pairs for Ether and Wrapped Ether.
CryptoCaster Quick Check:
Adams noted new developments in the Uniswap ecosystem, such as “an iOS wallet, Android wallet, UniswapX, major improvements to our web app, Permit2, Uniswap v4 draft codebase, and more,” writing that “this interface fee is one of the lowest in the industry and it will allow us to continue to research, develop, build, ship, improve, and expand crypto and DeFi.”
One of the most widely used DEXs in the market right now is Uniswap. According to information provided by DeFiLlama, the DEX presently has $3 billion in total value locked, bringing in an estimated $271 million in annualized protocol fee income. Since its launch in 2018, it has raised $176 million from investors, and it now has $12 million in its treasury.
Advertisement
Follow GappyCoin PreSale on Twitter, and ReCap for information and more.
It was earlier announced on September 27 that the DEX’s creator, the Uniswap Foundation, aims to raise an extra $62 million for grants to construct infrastructure and support ecosystems. The possibility of a new hook for Uniswap V4 to demand know-your-customer verification before trading in the DEX’s liquidity pools caused controversy on October 15. It was made accessible on an open-source directory.
If this article brought you clarity, insight, or value—support the work that made it possible.
At CryptoCaster, we report on Web3, crypto markets, and institutional finance with no billionaire owners, no shareholders, and no hidden agenda. While mainstream media bends toward Elon Musk, BlackRock, and JPMorgan narratives, we stay focused on what matters: truth, transparency, and the public interest.
We don’t just cover the headlines—we investigate the power structures behind them. From FTX and Ripple to the quiet push for CBDCs, we bring fearless reporting that isn’t filtered by corporate interests.
CryptoCaster is 100% paywall-free. Always has been. To keep it that way, we depend on readers like you.
If you believe independent crypto journalism matters, please contribute—starting at just $1 in Bitcoin or Ether. Wallet addresses are below.
Your support keeps us free, bold, and accountable to no one but you.
Thank you,
Kristin Steinbeck
Editor, CryptoCaster
Please Read Essential Disclaimer Information Here.
© 2024 Crypto Caster provides information. CryptoCaster.world does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results. All rights reserved.
Contribute to CryptoCaster℠ Via Metamask or favorite wallet. Send Coin/Token to Addresses Provided Below.
Thank you!
BTC – bc1qgdnd752esyl4jv6nhz3ypuzwa6wav9wuzaeg9g
ETH – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
CRYPTOCASTER HEATMAP
