Uniswap’s Fee Switch Is Live—But Early Data Is Already Tearing Analysts Apart

Uniswap’s long-anticipated fee switch has gone live. However, it has failed to deliver immediate clarity on UNI’s long-term value capture. Early on-chain data has sparked a sharp debate over whether the market is drawing conclusions far too soon or uncovering structural limitations in the protocol’s burn mechanics. Is Uniswap’s Fee Switch Already Failing—or Is the Market Reading It Wrong? Initial estimates from on-chain analysts suggest that Uniswap’s newly activated protocol fees may be generating as little as $30,000 per day in hard assets source: https://beincrypto.com/uniswap-fee-switch-debate-revenue-uni-burn/