Uniswap Drops App and API Interface Fees to Zero

Uniswap’s governance-approved fee switch will go live on Unichain mainnet after two days, initiating UNI token burns on v2 and v3 to adjust supply dynamics.

UNI

Summary

Uniswap announced via X that all app and API interface fees are now set to zero. Following a successful governance vote, the fee switch will activate on the Unichain mainnet after a two-day timelock. This action will trigger UNI token burns for both v2 and v3 protocols, permanently reducing the circulating token supply. The change impacts user-facing and API-based access, reflecting a governance-driven shift in Uniswap’s economic structure.

Terms & Concepts
  • Fee Switch: A mechanism in decentralized exchanges enabling protocol fees to be turned on or off, affecting revenue and token economics.
  • Unichain Mainnet: The live version of Unichain blockchain network where finalized smart contracts and transactions are executed.
  • UNI Token Burns: Permanent removal of UNI tokens from circulation, reducing supply and potentially impacting value.