Battle of the DEXes: Day 4
Average gas costs on Uniswap peaked above $130 USD per swap in February.
In February, the average gas cost of one swap on Uniswap was $60 USD, but on Feb 23 the cost was $130!
The second highest was Pangolin on Avalanche, with an average cost of $2.75.
When the gas costs are put into perspective on a per-dollar basis, it starts to look more reasonable. The average gas cost per dollar swapped on Uniswap was 0.52%. So as long as you are a 🐳 Uniswap is fine. If not, check out the other DEXes and save some money.
This concludes our series on DEXes. Stay tuned for an analysis of the exploding NFT space next week!