Uniswap founder Hayden Adams has confirmed that protocol fees on the Uniswap decentralized exchange are now active and that UNI tokens are being burned as a result. In a recent post on X (formerly Twitter), Adams noted that many users remain unaware of this development, as he continues to receive messages asserting that protocol fees have not yet been enabled.
According to a report by Odaily, Adams highlighted that three governance proposals are currently under community vote. These include:
- Robinhood Chain fees for Uniswap v2 and v3,
- v4 fees implementation,
- A proposal concerning fee-bridge cleanup on xlayer, Ava, MegaETH, and Sonium networks.
The activation of protocol fees marks a significant milestone for Uniswap, as it enables the protocol to generate revenue directly from trades, with a portion of those fees used to burn UNI tokens—potentially reducing the total supply over time and impacting tokenomics.