Liquid Competition: Uniswap v3 Fees and the Race to the Bottom
The 0.05% Tiers are Coming!
Uniswap v3 USDC/ETH liquidity pool providers are slashing their take rates by 1/6 to move to a lower fee tier and try to capture more volume. The first move has already been made, and other pairs are following. Read on the learn what's happening.