Uniswap generates over $1 billion in annualized protocol fees, which would partially be redirected to token holders upon activation of the fee switch

Quotes that support claims

Subsequently, the Uniswap fee switch would enable UNI token holders to earn protocol revenue, which has been a major topic of discussion within the community. Over $1 billion in annualized fees have been generated by the Uniswap protocol, and this shift would allow token holders to capture a portion of that revenue. The activation of the fee switch represents a significant step in Uniswap’s ongoing efforts to align the interests of its governance members with the protocol’s long-term success.