#DEX流动性与交易量 Uniswap fully eliminates application and API interface fees, and the underlying logic is worth noting. The zero-fee strategy directly reduces DEX interaction costs, which in the short term will boost on-chain trading volume; in the long term, it will affect the revenue structure of liquidity providers.

The core driver is that after the fee switch proposal is activated, the protocol will implement a fee discount auction system to compensate LP losses. At the same time, 100 million UNI tokens will be burned, representing a typical dual operation of supply contraction and demand expansion.

There are three implications for our strategic judgment: First, to monitor Uniswap v2/v3 liquidity migration data on Uchain, as zero fees may become a new liquidity attraction point; second, to track large fund flows, since some whales may leverage cost advantages to reconfigure their positions; third, whether the growth in DEX trading volume can translate into real profits depends on the actual trading activity in the secondary market.

This is not just a simple positive signal, but more of a defensive counterattack amid intensified ecosystem competition. Data will be updated, and on-chain movements will continue to be observed.