Uniswap Fee Switch Vote Gains Momentum, Pushing UNI Higher by 15% in a Single Day
The post Uniswap Fee Switch Vote Gains Momentum, Pushing UNI Higher by 15% in a Single Day appeared on BitcoinEthereumNews.com.
TLDR: UNI surged roughly 15% in 24 hours, outpacing Bitcoin’s 4.7% and Ether’s 8.5% gains during the same period. The governance proposal targets eight additional chains and would automate fee collection across all new v3 liquidity pools. Estimated new annualized revenue of $27 million would stack on top of $34 million already generated through UNI burns. Uniswap recorded $3.12 million in gross profit in Q1 2026, compared with effectively zero in all prior reporting periods. A Uniswap governance vote to broaden its fee switch mechanism has pushed UNI higher by roughly 15% in 24 hours. The proposal seeks to expand protocol fee capture across eight additional layer-2 chains. It would also automate fee collection across all v3 liquidity pools by default. Estimates point to approximately $27 million in additional annualized revenue, building on the $34 million already generated through UNI burns since the fee switch launched late last year. Uniswap Vote to Broaden Fee Switch Targets Multi-Chain Revenue The governance vote to broaden the fee switch comes structured as two separate onchain proposals. Transaction limits required splitting the changes across two votes for technical reasons. Both votes target protocol fee activation across multiple blockchains beyond Ethereum. New: @Uniswap’s $UNI jumps 15% as governance vote to expand fee switch across eight L2 chains gains momentum, potentially adding $27M in annual revenue. pic.twitter.com/Dk1fBFMSvS — CoinDesk (@CoinDesk) February 26, 2026 Central to the proposal is a new tool called the v3OpenFeeAdapter. It applies protocol fees across all liquidity pools uniformly, based on each pool’s fee tier. This replaces the older model, which required governance to activate pools on a case-by-case basis. The new system makes fee collection automatic for all newly created v3 pools going forward. This removes the need for repeated manual governance decisions for each pool. Over time, even long-tail trading…
Filed under: News - @ February 27, 2026 2:27 am