Last year, Uniswap generated nearly 1.3 billion dollars in transaction and settlement fees on five chains including Ethereum and Base

The founder of The DeFi Report, Michael Nadeau, posted on platform X stating that last year Uniswap generated nearly $1.3 billion in transaction and settlement fees on Ethereum, Base, Arbitrum, Polygon and Optimism. However, these fees were not earned by the protocol and token holders but 100% went to liquidity providers, Ethereum validators, MEV bots and L2 sorters. But with the launch of Unichain later this year, all this will change.