Uniswap takes fees from seven outside pools: the next step

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Since October 22 the Uniswap web app has also routed swaps through seven outside liquidity sources, and these trades pay a protocol fee that flows into the UNI burn. What is behind it, what it means for the price, and what you as a holder in Germany have to factor in.Add as a preferred source on GoogleFollow on Google NewsUniswap has been earning since the summer on fees that until then went entirely to liquidity providers. Since October 22 this mechanism also applies where Uniswap does not supply the liquidity at all: the so-called aggregator hooks route swaps from the web app through seven outside venues, and these routes also pay a protocol fee that flows into the buyback and burn of UNI. The Uniswap price stood at $7.00 shortly after 8 a.m. German time on Thursday morning, around 1.8 percent below the previous day and 1.8 percent below the previous week (CoinGecko). What aggregator hooks are and how they route swaps through outside pools In Uniswap v4 a hook is a small add-o...