TLDR
- Uniswap founder Hayden Adams revealed the protocol is generating $5.2M in daily fees, confirmed by DefiLlama at $5.16M
- Robinhood Chain, launched July 1, accounts for $4.38M of that daily fee total
- DEX volumes on Robinhood Chain surged 20x in one week, with Uniswap as the leading exchange
- A governance vote to extend UNI’s fee-and-burn mechanism to v4 pools showed 93% approval
- UNI is trading around $3.62, up ~35% from its early-July low of $2.70
Uniswap (UNI) is generating $5.2 million in fees per day, according to founder Hayden Adams. DefiLlama confirmed the figure at $5.16 million over a 24-hour period.
The driver behind this surge is Robinhood Chain, a new blockchain that launched on July 1. It is built on Arbitrum’s technology and had Uniswap integrated as its main automated market maker from day one.
Of the $5.16 million in daily fees, $4.38 million came from Robinhood Chain alone. Ethereum contributed just $296,000, and Base followed at roughly $288,000.
JUST IN: Daily DEX trading volumes on @RobinhoodCrypto Chain are up ~20x over the past week, led by @Uniswap.
Fintech <> DeFi composability at work. pic.twitter.com/mpfXGHZVzc
— Token Terminal 📊 (@tokenterminal) July 12, 2026
Robinhood Chain reached $1 billion in cumulative volume in just nine days. It now has more than 220,000 daily traders.
DEX volumes on Robinhood Chain surged approximately 20 times in a single week, with Uniswap leading that growth, according to data amplified by Token Terminal.
Over seven days, Robinhood Chain accounted for $10.98 million of Uniswap’s $20.1 million in total weekly fees.
Across all 47 chains it operates on, Uniswap logged $2.112 billion in 24-hour DEX volume. That is more than five times the next-largest exchange, PancakeSwap.
Adams posted on X that the protocol was out-earning every crypto project except the stablecoin issuers behind USDC and USDT.
It is worth noting that the $5.2 million in fees is not protocol revenue. DefiLlama shows Uniswap’s actual 24-hour revenue at $73,454. The bulk of fees flow to liquidity providers.
Governance Vote Could Expand Token Burns
A Snapshot vote ran from July 7 to July 12 on whether to extend the fee-and-burn mechanism to v4 pools. Early results showed over 93% approval, with 13.9 million UNI votes in favor.
🔥UNISWAP TO ACTIVATE BUYBACKS AND BURNS AS PROTOCOL FEES GO LIVE
Uniswap founder Hayden Adams confirmed that protocol fees have been activated and that $UNI buybacks and burnsare set to begin, with governance votes now underway for Robinhood Chain v2/v3 fees, v4 fees, and… pic.twitter.com/cRjQy1Wkz1
— Coin Bureau (@coinbureau) July 13, 2026
If passed, binding on-chain votes are expected the week of July 13. The proposal would activate fees across three families of v4 pools on 11 blockchain networks, including Ethereum, Arbitrum, and Polygon.
Uniswap set a record last month by burning 186,000 UNI in a single day. Liquidity providers have warned that v4 fees could reduce their returns slightly.
UNI Price and Analyst View
Analyst UniChartz noted on X that UNI has dropped back into its long-term accumulation zone, a level where buyers have stepped in multiple times before. The analyst stated that as long as support holds, the probability of a recovery remains strong, and advised waiting for confirmation before making aggressive moves.
$UNI has once again dropped into its long-term accumulation zone, where buyers have stepped in multiple times in the past. As long as this support holds, the probability of a recovery remains strong.
Patience is key, wait for confirmation before going aggressive.
DYOR, NFA#UNI… pic.twitter.com/f6PEwyP5AK
— UniChartz (@UniChartz) July 12, 2026
UNI is currently trading around $3.62, up roughly 35% from its early-July low of $2.70. It remains about 92% below its all-time high of $44.97, reached in May 2021.
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