Uniswap
Onderzoeksnotities
The mcap-to-fees ratio of 2.55 and the fee yield of 39.2 percent are worth tracking together because they show how the protocol's gross fee generation relates to the market capitalization of its token, and changes in either would reflect shifts in trading activity or in the token's valuation relative to that activity. The take rate of 9.07 percent over the trailing 30 days is particularly informative because it captures what fraction of total fees the protocol itself retains versus what flows to liquidity providers, and any governance vote that changes that split would move this figure directly. Total value locked, currently 3.45 billion dollars with a 7-day change of 6.4 percent, reflects the depth of liquidity available on the platform, which in turn affects the protocol's capacity to sustain fee volumes. The dilution overhang of 42.9 percent — representing the share of the maximum supply not yet in circulation — is a structural figure to observe over time, as any increase in circulating supply from that remaining pool affects the ratio of circulating to fully diluted measures already shown on this page.
Geschreven door een AI-taalmodel op basis van de onderstaande cijfers, op 27 Aug 2026 04:31 UTC.