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.

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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.

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This concludes our series on DEXes. Stay tuned for an analysis of the exploding NFT space next week!