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Uniswap fee switch set to go live after community vote

Written by Liezl GambePublished Dec. 22 2025Last Updated Dec. 22 2025

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Uniswap’s long-awaited fee switch proposal is set to go live this week after surpassing the required governance vote threshold.

The proposal, known as UNIfication, reached more than 40 million votes, triggering one of the most significant upgrades in Uniswap’s seven-year history.

As of early Monday, nearly 62 million votes had been cast in favour of the proposal since voting opened on December 20.

Voting is scheduled to close on Thursday, coinciding with Christmas Day.

Uniswap Labs chief executive Hayden Adams said activation would follow a two-day timelock period once the vote formally concludes.

Adams said the fee switches for Uniswap v2 and v3 will be enabled on the Unichain mainnet after the timelock expires.

A successful vote will trigger a two-day timelock before the fee switches flip on Unichain.

Hayden Adams said.

The activation will result in the burning of UNI tokens, reducing circulating supply.

Under the proposal, 100 million UNI tokens will be burned from the Uniswap Foundation’s treasury.

The upgrade also introduces a Protocol Fee Discount Auctions system designed to increase returns for liquidity providers.

Supporters say the changes will strengthen UNI’s supply-demand dynamics and improve its long-term investment appeal.

UNI has risen around 25% since voting began, recovering from a month-long downturn.

The token is currently trading near $6, after falling to a seven-month low of $4.88 during the broader market pullback.

Earlier news of the proposal in November triggered a near 40% rally in UNI, pushing prices close to $10.

Uniswap remains the largest decentralised exchange by volume, having processed more than $4 trillion in trades since 2018.

Data shows UNI is the 39th largest cryptocurrency by market capitalisation, valued at roughly $3.8 billion.

The UNIfication proposal received backing from several influential crypto investors and developers.

Only a small fraction of votes opposed the proposal, while a limited number of voters abstained.

The Uniswap Foundation said protocol development grants will continue despite the treasury burn.

A new Growth Budget is planned to support builders, funded by the distribution of 20 million UNI tokens.

At the time of reporting, Uniswap price was $6.20.