In this short note, we summarize our understanding of Uniswap's latest progress surrounding the fee switch.

This data-driven research is all about Uniswap's fundamentals and its road to an open global liquidity layer.

TLDR Frax is essentially a CRV Farm that rewards TVL with CRV emissions. Frax pools currently control 35% of CRV emissions, we estimate...

If you followed my twitter (@simiao_li) for the past month, you'd probably already seen me reiterating a general theme of returning to...