Trading at Uniswap is Getting More Expensive as Ethereum Gas Fees Keep Rising

By author_nan | News | 12 Aug 2020

Larry Cermak, Director of Research at the Block, tweeted on August 12 about rising gas prices on the Uniswap exchange are reaching the point where it would be unfeasible for most retail investors

Gas prices began climbing on August 12, according to Dune Analytics
Cermak says that this could hinder Uniswap’s growth, at least until Uniswap V3 launches
Average gas prices for last 30 days has been around 60 gwei, recent uptick not linked to any anomalous transactions
Gas prices of 200 gwei are rare and have occurred only a handful of times in a year over the past few years
Several recently launched yield farming could be leading to network congestion and in turn high gas fees
Uniswap currently has one of the most largest user bases in DeFi