#Transaction Fee's News

Uniswap Rides the DeFi Wave to Rival Established Centralized Exchanges

Ethereum-Based DEX Uniswap Generates Half of Bitcoin’s Total Transaction Fees

August 19, 2020 by Dalmas Ngetich at Ethereum

In a show of dominance, the total transaction fees generated by Uniswap — a leading Ethereum-based decentralized exchange (DEX), is approximately 50 percent of Bitcoin’s. The Rise and Rise of Uniswap In a tweet posted on Aug 19 to highlight and contrast between the developments of Ethereum and Bitcoin, the metric...

Ethereum Transaction Fees Exceed Block Rewards, Network Utilization Stands at 96%

August 13, 2020 by Dalmas Ngetich at Ethereum

For the first time in Ethereum’s history, miners earned a record 30,500 ETH on Aug 12 as revenue from transaction fees - at 17,000 ETH ($6.87 million), exceeded block rewards -- which stood at 13,500 ETH. DeFi and DEXes Activities on the Rise The spike in transaction fees saw the...